Long Term Regular savings account

[Dardoz]

Hi all,

Having recently had our first child, my wife and I wish to set up a college fund for him which will initially have €2000 or so, with 50-100 being added monthly by direct debit.

Initially I thought I would like it to be in a Trust Fund type of account that cannot be touched until he reaches the appropriate age.

Any advice would be greatly appreciated.

Cheers,

Dardoz

 

[Boyd]

Check out the best buys for savings section: http://www.askaboutmoney.com/showthread.php?t=90481

 

[Lightning]

The below account might be your best option ...

[broken link removed]
3.00% from €1 to €20,000
1.50% on €20,000+ on the entire balance.

• Instant access
• Account aimed at children under 12.
• Interest paid annually on the first working day after 20th November.
• Deposit Protection: Deposit Guarantee Scheme and the Eligible Liabilities Guarantee.