Looking for a good interest account for student

A question about : Looking for a good interest account for student

My son had Ј3900.00 in the Halifax on a 4% odd ISA which comes to an end beginning of March. He's a student. Not sure what the best thing to do with the money is. Nothing seems to have much interest being paid on it so I don't want to tie the money up at 2% for 4 years although I guess it might be a long while before interest rates and ISA rates improve. If I had to, I could pay in Ј25-40 a month into an account for him if that's the best way to get interest.

Does anyone have any suggestions for what to do?

Best answers:

• can't quite understand what you paying 25 a month has to do with him having 3,900 in saving
  but current a/cs pay the best rates if he can get them being a student
• If this is a matured ISA then your son should now be controlling this money.
  https://www.gov.uk/junior-individual...age-an-account
  "Junior ISAs automatically turn into an adult ISA when the child turns 18."
  He could look for the best ISA rate or general savings rate https://www.thisismoney.co.uk/money/a...et-branch.html but interest rates are very poor.
  If he can open say a TSB classic plus (set for paperless statements and correspondence) and a couple of Tesco current accounts, he could fund them by pushing money between the accounts every month and add the pocket money you are giving him?