Reply To: Money for the kids (children’s bank accounts) 


Clubbed for the Halifax regular saver as it had high interest at time of opening. Works well with standing order monthly trickling bits in. It runs concurrently with another saving account (can’t remeber the name) which can take cash and cheque deposits and the regular saver deposits into it at the end of the year.

– cheers for info Duncan will have to checkout some of the current options on the market

No cash card, but can be added if needed.

Probably due to review it soon see if there’s better options out there. The annoying thing about this set up is you don’t get the higher rate after each 12 month cycle as it dumps it into the other account. So you can’t build interest on full amount.