Halifax clarifies Junior ISA transfers only among Junior ISAs, not to Kids Monthly Saver.

Halifax bank clarified on Twitter that Junior ISAs cannot be transferred to other account types, such as the Kids Monthly Saver. Transfers are only allowed between Junior ISAs. The Kids Monthly Saver can be opened separately, allows monthly deposits between £10 and £100, and offers a fixed interest rate of 5.5% for 12 months. To open this account, one must be 18 or older and a UK resident, while the child must be 15 or under.

5 months ago
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