Best Savings Account for an Apprentice
Hi all,
I am nearly 17 years old and have just recently started an apprenticeship in software development. I am looking for a savings account so I can put a bit of money away each month. Most of the savings accounts I have looked at need a minimum deposit of £500+ per month, however, I do not want to deposit a lot. Can anyone recommend a good savings account that I could get?
Any thoughts would be greatly appreciated!
I am nearly 17 years old and have just recently started an apprenticeship in software development. I am looking for a savings account so I can put a bit of money away each month. Most of the savings accounts I have looked at need a minimum deposit of £500+ per month, however, I do not want to deposit a lot. Can anyone recommend a good savings account that I could get?
Any thoughts would be greatly appreciated!
Original post by nathandunn
Hi all,
I am nearly 17 years old and have just recently started an apprenticeship in software development. I am looking for a savings account so I can put a bit of money away each month. Most of the savings accounts I have looked at need a minimum deposit of £500+ per month, however, I do not want to deposit a lot. Can anyone recommend a good savings account that I could get?
Any thoughts would be greatly appreciated!
I am nearly 17 years old and have just recently started an apprenticeship in software development. I am looking for a savings account so I can put a bit of money away each month. Most of the savings accounts I have looked at need a minimum deposit of £500+ per month, however, I do not want to deposit a lot. Can anyone recommend a good savings account that I could get?
Any thoughts would be greatly appreciated!
Most cash ISAs will let you deposit whatever you want per month (or state that you have to pay in £1 a month or something trivial like that).
Some current accounts offer semi-decent interest, for instance TSB for small amounts and the Santander 123. Not sure if you have to be 18 for them.
An ISA is probably your best bet.
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