Best Savings Option for 13 year old

A question about : Best Savings Option for 13 year old

I have just over 4K that I want to invest for my daughter. I'll likely leave it there until she's 21 years old. Also looking to add Ј25 pm, although I'm flexible on that.

I believe she has a basic savings account with halifax but presumably with a low rate of interest.

What shall I do with it?

Best answers:

• do you mean invest or save?
• Open with 4K and add Ј25 pm to account, although open to irregular payments. No intention to make withdrawal unless money would be better served elsewhere. Looking for max return for when she is 21.
• How old is your daughter now?
• Ooops.
  In that case, a Halifax cash JISA would perhaps be most suitable. May be combined with one of their kids regular savers.
  If you want your daughter to be able to learn how to use a current account, a bit of her money in a Santander 123 mini might be a good idea alongside the savings accounts.