Welcome to MyEggNest.com

Click here to go to the Home Page

Click here to Compare

Click here to go to the My Egg Nest Products

Click here to go to the Shop

Click here to read More About Us

Click here to read our FAQs

Click here to view our Contact Details

Children Savings News

Child Tax Exempt Savings Plans

Children's Savings Plans

Child Trust Funds

Making Parenting Affordable

Spending Wisely

Ask the Experts

Ask the Experts

Ask the Experts is MyEggNest's free service for questions on Junior ISAs and any aspect of family finance.

Ask our Independent Financial Advisor Steve Weisner a question here.

RSS MyEggNest News

Child Tax-Exempt Savings Plans

Did you know that Children's Tax-Exempt Savings Plans (TESPs) also provide a long-term, tax-free way to save for your children's future?

Click here to find out more about a tax-efficient way to build up a nest-egg for your child in addition to a Junior ISA, and compare providers.

Free Prize Draw

Enter our FREE Prize Draw and one lucky winner, chosen at random, will receive £250 added to their Children Savings Account.

Most Popular Pages

1. Compare Junior ISAs
2. Junior ISA Menu
3. Junior ISA Provider reviews
4. Stocks & Shares Junior ISAs
5. Cash Junior ISAs

MyEggNest is proud to support Get Connected.

You can learn more about Get Connected, a free, confidential helpline for young people, here.

To find out how you can make a donation, visit www.getconnected.org.uk.

Halifax Children's Save4it Savings Accounts Reviews

Click here for more Reviews

Average Golden EggNest Ratings from
1 review
(4 out of 5)

Website: www.halifax.co.uk
Good Points: Easy and quick to open and manage online, currently 5.5% interest, unlimited deposits and unlimited withdrawals without loss of interest, free moneybox and calculator.
Bad Points: Have to go into a branch to prove child's identity, maximum balance of £5000.
First reviewed on 03 Oct, 2008 by Julia
I had been given cheques from relatives when my daughter was born and we wanted easy access to the money we looked around for a good childrens savings account. As I hadnt come across MyEggNest at that point I found good reviews on MoneySavingExpert for the Halifax Save4it account as it is one of top paying interest for online children's accounts. The account was incredibly easy to setup - I filled in a form online and then about a week later the paperwork arrived. I had to pop into the bank with my daughter's birth certificate and the cheques. They couldn't have been nicer in the branch and my daughter was given a beautiful teddy bear and moneybox and calculator as well as her new passbook for the account. I have also set up a Childrens Regular Saver with Halifax at the same time (10% fixed rate interest) and at the end of the year that money will move into this Save4it account. Obviously it pays to keep an eye on the interest rates and if in future the interest rates are not as competitive as others than we can change accounts just as I do with my own savings.
Julia's Golden EggNest Rating (3 out of 5):

ADD YOUR REVIEW (and we'll send you a free gift)
ADD YOUR COMMENT
TELL A FRIEND

Bookmark this page

What is Social bookmarking? Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser. Click on the "Bookmark" link above to share this article on the social bookmarking site of your choice. Read more about social bookmarking at Wikipedia - Social Bookmarking

Radcliffe & Newlands
Lump Sum Investments

Puzzled by lump sum investing? Get help from qualified investment professionals. Click here for more information.

Interesting Fact

MyEggNest is giving away a fantastic FREE gift to any Mums and Dads who's got some experience with a Child Trust Fund. Please click here for more infomation.

Alternative to CTFs

Children's Stakeholder Pensions

You can now save towards your children's retirement with a Children's Stakeholder Pension in your children's name. This is a government backed scheme where you can invest up to £2,808 each year, net of tax, and the Inland Revenue will add 22% basic rate tax relief to this, bringing the total amount invested up to a maximum of £3,600 a year.

By starting a Children's Stakeholder Pension young, your children's pension pot will have a huge boost in comparison to those who waited until their working lives to begin paying towards a pension.

A contributions of £3,600 per annum between ages of 0 - 16 yrs (and then stopped) could leave your child with a potential pension fund value of £1,230,000 at age 60 (these projections are based on a medium growth rate of 7% with an Annual Management Charge of 1%, courtesy of Axa Sun Life).

Contact Steve Weisner - Senior Independent Financial Adviser - at Radcliffe Newlands on 0845 0217000 or Email Steve where he'll be happy to answer all your Children's Pension questions- Please mention MyEggNest

Advertisement

Receive £25 Free Asda Gift Card when you set up a Direct Debit for at least £10 a month. Or, if you just set up an account you'll receive a £5 ASDA Gift Card. Click here for more information.