Children savings accounts

[angelopal]

Does anyone have recommendations for children's savings accounts
Would be looking to put in a one off deposit of 5-10k and then £50-100 a month going forward.

I suppose the first question is whether you want your children to have access to the money when they become teenagers? You could look at junior ISAs, premium bonds in their name or standard children's cash savings accounts. If you want to keep control of the money to decide what it's spent on it will need to be in your name.

We have standard children's cash savings accounts for our DDs (with Nationwide) where their birthday/Christmas money gets saved and this becomes theirs when they turn 16.

For larger sums we save regularly into a Stocks and Shares ISA (in my name) as we want to keep control of that money until it is needed (aiming to help them with house deposits)