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Childrens Savings Accounts
| Account Name | Main benefit | Interest rate (AER) |
Minimum opening balance |
Access | Withdrawals | |
| Childrens Regular Saver | Save a regular amount each month |
6.00% (fixed) |
£10-£100 each month |
Online, branch,phone |
By closure only | |
| Save4it | Unlimited access to your savings |
1.05% (variable) |
£1 | Branch, phone, view online | Unlimited | Apply by phone |
Please note: Rates of interest are subject to change, to check effective dates for all our Savings products please see our Interest Rates section.
It's a good idea to consider opening both childrens savings accounts as:
- Regular Saver is great for parents and relatives who want to build a nest egg for their child's future, by making regular payments each month
- Save4it is great for children to learn to manage their money. They can pop into their local branch to put money in or take money out when it suits them.