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Can anyone recommend a children's bank account that can be operated online?

5 replies

imoscarsmum · 10/08/2009 14:57

DD is only 10m but has a small amount of cash and a couple of cheques waiting to go into an account. We've set up the CTF and now want a bank account to put cheques in/build up a small amount of cash for her when she's approaching her teens.
Ideally one that can be operated online/by post.
Any suggestions?
Many thanks

OP posts:
bargainhuntingbetty · 10/08/2009 15:00

Halifax do one. I have one for both my dd's./

Frasersmum123 · 10/08/2009 15:31

I have Halifax ones for my DS's and a Natwest one for DD, all of which can be operated online. I like the fact that the Halifax ones also do 'Passbooks', so as they get older the children can see the amounts adding up.

Mousey84 · 10/08/2009 15:37

If its a regular saver, halifaxs kids one is 6% but their current acc is about 1% at the minute. Theres restricted access to both - I can see amount in them and transaction history, but not move money.

Chelsea building society offer 2% up to £20k, but operated by post and branch only.

imoscarsmum · 10/08/2009 16:04

I'll take a look at their websites and see what looks best. Would prefer to be able to transfer money online, so maybe Halifax not for us.
Thanks for comments.

OP posts:
Mousey84 · 10/08/2009 17:21

If you bank online, you should prob look at your own banks childrens savings accounts first. May not be the best rate, but it will be easier for you to control.

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