What bank is best for a under-16 account?
im under-16 and i wanted to know which bank would be best, the ones near me are natwest / nationwide / HSBC?
Which one would you go for and say i should
Asked by Louise Smith - 1 year ago
Answer:
Nationwide are technically a building society which offers banking services. Initially I would choose the one which offers the best interest rates and incentives and don’t be afraid to switch to a different bank when you are older.
Disclaimer:
The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances. To find an IFA please go to http://www.unbiased.co.uk
Sources:
Danny Cox, Certified Financial Planner, Hargreaves Lansdown
Chartered Financial Planner, Certified Financial Planner and heads the advisory team at Hargreaves Lansdown. Danny is the Money Marketing Best Retirement Planner 2007 and Financial Adviser SIPP Adviser of the Year 2007.