Editor's Blog1 min ago
Best 16/17 year old accounts?
1 Answers
Hi there, I'm currently with Nationwide and their student account doesn't have a particularly good interest rate. I'm just wondering if you have any recommendations on any banks which have the best interest rate for 16/17 yr old accounts?
Thanks!
Thanks!
Answers
Best Answer
No best answer has yet been selected by englishemme. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Most current bank accounts have pretty poor interest rates. If you're looking for a Savings account, you can open a Cash ISA from the age of 16 which would be tax free although I imagine you're not paying tax at the moment. anyway. ICESAVE Internet Account is currently offering 5.95% providing you can produce the necessary ID documentation which might be difficult if you don't have a passport or driving licence. Have you tried Googling Current accounts with high interest rate?