Are all the under 18 debit card accounts interest so bad? - HotUKDeals
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Are all the under 18 debit card accounts interest so bad?

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I think the hsbc one offers no interest... is it best just to put savings into a normal account? If so what do you suggest? Or any under 18 ISA accounts? Read More
GentleTouch Avatar
6y, 10m agoPosted 6 years, 10 months ago
I think the hsbc one offers no interest...
is it best just to put savings into a normal account? If so what do you suggest?
Or any under 18 ISA accounts?
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GentleTouch Avatar
6y, 10m agoPosted 6 years, 10 months ago
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#1
he buys online sometimes which is why he wants debit but the interest is poor so he does not mind giving up this privelidge for better interest rates.
#2
Yeh, they are usually pretty crap. RBS Revolve goes to 0.55% in July. I think Santander 11-15/16-18 account is about 3.00%. At least it was a couple of months ago.
#3
debit cards are there to be spent with, not saved.

must be a good savings account he can have also at that age, to earn interest and the debit card to spend with
#4
i have a debit card with HSBC, RBS and Halifax. RBS has the best interest, although as mentioned is changing shortly. Halifax savings used to be good, 5% i think but cant remember

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