Compare Cash ISA Deals for 16 Year Olds
Although there are a variety of different savings products available, a cash ISA for 16 year olds could be an ideal way of investing for your child if you meet certain eligibility criteria. After all, many children begin part time employment at this age, making it a great time to begin seriously saving for the future. There are many different savings accounts on the market for 16 year olds, with cash ISAs being a popular choice. However due to the tax-free benefits of cash ISAs, they are widely used by a large number of customers and are well worth considering.
It is important to remember that, as several different banks and building societies may be offering cash ISAs for 16 year olds, rates and terms available will tend to vary greatly. It could therefore prove beneficial to compare cash ISA deals from several different providers to ensure that you find an account that is most suited to your requirements. Here at Fair Investment, we want to make your search for a suitable cash ISA as easy as possible. We have compiled the following cash ISA comparison tables that feature several deals that could be appropriate for you: