Wanting to open an account for god-daughter, I will put all the money in now, and then have the account locked until she turns 18. (it would be in her name though)
What are these types of accounts called and who would have the best interest rate? all the websites say the max is 5 years for a term investment account. So I need 17 years basically.
My grandad did it for me, so I know its possible :)