I am looking to set up a regular savings account for both my kids to pay for expenses when they are leaving school (college or whatever). The Halifax Child Saver looks good but involves two accounts, one where the money accumulates for a year, you then get a bonus on it and it transfers to another account (Acorn) where a lump sum builds. The interest rate seems good - 7.25% aer on the yearly sum then 3% for the other account. Has anyone here looked into it? I'm just wondering if I want to save for a 10 year period would I be better to put it elsewhere? Any thoughts would be welcome.