Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Pocket money account

3 replies

AndWhat · 14/06/2020 09:50

I’ve been looking for a pocket money account for my 7 year old. He currently gets a few quid a week plus odd bits when he does chores which he saves in a piggy bank.
He’s enjoyed saving and spending this money mostly on toys online and I’d like to open him his own account to stop having to use my card and I end up with £30 in change!
I looked at a gohenry account but that seems quite expensive to use £2.99pm and 50p for every top up. I also found a rooster account which is £24.99pa but can make 10 top ups a month which seems better value.
Does anyone use any other accounts they can recommend? Tia

OP posts:
MrDarcysMa · 15/06/2020 15:10

Monzo is great, you can easily transfer into it and can set up little 'pots' for various savings goals and assign the a name and picture and goal amount. he'll be able to look at them from the app and I'm sure you'll find him volunteering to do a lot more jobs suddenly when he can see the total going up to meet the goal ;)

MintJuleps · 17/06/2020 18:57

I've used Go Henry for my 13 year old for a few years and it just works nicely. Yes it's £2.99 a month but the service is excellent and we get on really well with it so that gets my recommendation

AndWhat · 18/06/2020 15:42

Thanks I looked at Monzo but he’s too young. I’ll have another look at gohenry can you make weekly transfers? It looked like this would cost me more though

OP posts:
New posts on this thread. Refresh page