4min chapter

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How to turn £800 into £5,500

The Martin Lewis Podcast

CHAPTER

Savings Accounts for Children Over 18 Years Old

Many people know well money that their children get should be put in the best place. You have four options: easy access, junior ISA, premium bonds and parrot accounts. The top payer is Halifax Children's regular saver which pays 5% interest. But you can earn more interest in what's called regular savings accounts. These are where you put smaller amounts but the interest rate is higher.

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