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    best savings account for newborn

    Hi,
    I have a baby a few weeks old and wanting to set up a bank account that can't be accessed until there 18. Can anyone recommend any products
    Many thanks

    4 Comments

    I set up Santander 123 in Trust bank accounts for mine. Okay interest rates for small amounts 300-2000 pays 3%.

    It's good till they are 11, but will move prior to that to get better rates.

    Junior ISA

    Halifax JISA 3% (can't remember if they also give additional interest for kids whose parents are also a Halifax customer).

    Check out nationwide, my son has one with them. Think they pay 4% interest
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