Accounts for children.

[eldar]

My grandson, aged 2 has toys enough to sink a ship. So, I'd like to set him up with a savings account. Long term, so equities or the like, and tax efficient, possibly ISA. Needs to allow deposits of a minimum of £50 and no withdrawals.

Does such a product exist?

[dazwalsh]

was setting up an ISA for the little one she gets 6% with the Halifax as I have an ISA with them too, and im pretty sure that's no withdrawals until aged 18. work a look.