Lloyds TSB has made a grand Junior ISA entrance with an account sure to appeal to young savers everywhere.
Paying a market-leading rate of 3.00% yearly, the new Cash Junior ISA requires a minimum investment of just £1.
It must be operated in branch, but accepts transfers in of both cash and stock & shares Junior ISAs.
Additional investments are also welcomed, while transfers out can be made without penalty.
With group stable-mate Bank of Scotland launching a similar product, the two have become the first high street banks to launch a Junior Cash ISA.
Four out of five Moneyfacts stars are well deserved.
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