bank account for baby

pologirl

hi there
do uou guy know what u need to open a bank account for a baby?
and which one has the best rates for the little ones few quid.

thanks

MagicMarker

I don't see how you could tbh. Why not just open a savings account?

JDxtra

Permanent TSB have a "Safari Saver" account. Although it will have to be a joint account with a parent. Currently offering 3%.

https://www.permanenttsb.ie/whatweoffer/savingsandinvesting/savingsaccounts/childrenssavings/#d.en.537

metrovelvet

I have a credit union account for my son. They wanted a birth cert and a pps number.

Moonbeam

we went with the credit union too.

lolli

I have a credit union account for my daughter also. Was just asked for PPS number and birth cert.

Moonbeam

If you open a bank account then you open it in joint names and transfer it to them at 7,you can't jsut open an account in their name.

crazy cat lady

The post office do a savings account into which you can have your childrens benefit paid straight into if you wish

susietwirler

permanent tsb's safari saver is good, 3%. if you have an a/c with them you only need the childs birth cert. if you don't then your own id/address verification/ppsn number and the childs birth cert

wmpdd3

What about something like this?

National Solidarity Bond (4 Year)


15% Gross over 4 years (AER 3.56%) consisting of
4% In 4 annual payments of 1% which are subject to DIRT at the prevailing rate (currently 27%)
11% Tax free lump sum at the end of 4 years
The net after tax return is 13.92% (AER 3.31%)*
Minimum investment is €100
Maximum individual investment is €250,000 (or €500,000 from 2 or €750,000 from 3 joint applicants)
If you do not have €100 to invest there is a facility to save through regular lodgements
You can access your money at any time by giving 7 days notice
There are no fees, charges or sales commissions

From:

http://www.anpost.ie/AnPost/GeneralTemplates/ProductsAndServices.aspx?NRMODE=Published&NRNODEGUID={77A68EA6-EC32-4482-A6B4-4612E6E7B67D}&NRORIGINALURL=/AnPost/MainContent/Personal+Customers/Money+Matters/National+Solidarity+Bond/&NRCACHEHINT=Guest#2

metrovelvet

^So if you buy one for E100 at the end of four years its worth E 115?

Do you have to buy these kinds of things in your own country or can you get them in other currencies too or is a residency requirement?