putting money in sons account

My daughter has some money she wants to save but is not eligible to open the Santander 321 account as she is not working and therefore cannot pay in money on a monthly basis or pay direct debits.

As it is such a good interest rate and my son has this account would it be legal for her to transfer her money to his account.

I have looked all over the internet but cannot find an answer.

What about a child ISA it can''t be touched until they are 18 it is tax free

She is over 18 but still at uni so not earning.

That would not be treated as a child under 18 in UK but you can still get an ISA worth far more in the UK tax free for £15,000

That would not be treated as a child under 18 in UK but you can still get an ISA worth far more in the UK tax free for £15,000

Strictly speaking if money is paid into someone else''s bank account the money is theirs and for legal and tax reasons shouldn''t be transferred back.

Depending on the amount and what access your daughter needs it might be worth investigating savings bonds. Just recently some providers were offering 4-6% and in one case 8% interest on 12 month bonds if she doesn''t need instant access. Whilst your daughter is at uni she is unlikely to be paying any tax anyway.

Thank you for your help.