Quizzes & Puzzles2 mins ago
Savings Account
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We would like to save money for our son who's only two but like to start early! Does anyone have a savings account for their child they recommend..
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For more on marking an answer as the "Best Answer", please visit our FAQ.Junior ISAs might be worth looking at. They offer good rates of interest and it builds up a nice Tax Free amount for when they are 18 (providing ISAs are still around then). You ca invest a maximum of £3,720 each tax year.
https:/ /www.go v.uk/ju nior-in dividua l-savin gs-acco unts/ov erview
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I used family allowance+gifts for endowment policies for kids; twas deposit for their properties
http:// www.pru .co.uk/ existin g_custo mers/pr oducts/ endowme nt_savi ngs/
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