Children cannot open a Go & Grow account until they are 18. However, you can save and invest for your child’s future by creating a dedicated goal in your own Go & Grow account.
Investing for your child’s future
While children cannot open their own Go & Grow account until they are 18 years old, parents can still start investing on their behalf.
You can do this by creating a separate investment goal within your existing Go & Grow account and using it to set aside funds and invest for your child.
This allows you to set aside funds and grow them over time for your child’s future.
What happens when your child turns 18?
Once your child turns 18, they can:
Open their own Go & Grow account.
Withdraw the funds from your account.
Transfer the money to their own Go & Grow account.
Start investing independently.
This way, you can help your child build a financial foundation early, even before they are old enough to invest themselves.