Irregular savings accounts

[tina2201]

i want to open a savings accounts for my son. Any of the accounts i've seen are either for a lump sum, or a fixed amount each month. I cant guarantee putting in an amount each month at the moment, but he does get gifts from people every so often & i want to start depositing them instead of leaving them sitting in a money box in his room! Can anyone suggest something?

 

[Lightning]

"lump sum best buys" does not always mean large sums of money

How much do you have to open the account?

INBS allow accounts to be opened with just 1 EUR for the below.

3.25% up to €20,000
2.00% from €20,000 with no maximum
Note 1: Instant access
Note 2: Interest paid annually.
Note 3: Interest rate includes a "bonus" of 1.25% that expires on 1 Jan 2011
Note 4: No online access to account provided.
Note 5: An individual can open two accounts, meaning they can benefit from this rate up to €40,000 if 2 accounts are open and each account holds no more than €20,000.
Deposit Protection: Irish Government Bank Guarantee Scheme until September 30th 2010, Irish Deposit Protection Scheme only from October 1st 2010.
Deposit Safety: Moodys have rated Irish Nationwide as having a "E+ financial strength rating". The first €100,000 per person on deposit is protected beyond October 1st 2010, therefore, it has been suggested by several posters that you do not exceed €100,000 beyond this date.