Children’s Savings Accounts

With our range of children’s savings accounts for young people aged anywhere between 0 and 17 years, we offer a choice of easy ways to start saving for your children’s future.

Rates correct as at 3 Mar 2014

In the event that the account balance falls below the minimum operating balance as stated within the relevant product details below, the basic investment rate of interest, which is currently 0.05% Gross p.a./AER (variable), shall apply.

  • DinoSaver

    Interest Rate:

    1.50% Gross p.a./AER (variable)

    • Interest paid: annually (1 Jan)
    • Minimum operating balance: £10
    • Maximum balance: £1,000,000 plus accrued interest credited to the account
    • Withdrawals: Unlimited withdrawals can be made subject to the minimum operating balance of £10 being maintained. All withdrawals must be signed for by the authorised signatory.

    The account may be closed to further deposits upon a minimum of 30 days’ written notice.

    Full details
  • The Vault

    Interest Rate:

    1.50% Gross p.a./AER (variable)

    • Interest paid: annually (1 Jan)
    • Minimum operating balance: £10
    • Maximum balance: £1,000,000 plus accrued interest credited to the account
    • Withdrawals: one withdrawal up to £250 a week can be made by the account holder, subject to minimum operating balance of £10 being maintained. Withdrawals over this amount or further withdrawals in a week must be signed for by both the account holder and authorised signatory.

    The account may be closed to further deposits upon a minimum of 30 days’ written notice.

    Full details
  • Ronnie the Rhino

    Interest Rate:

    1.50% Gross p.a./AER (variable)

    • Interest paid: annually (30 Jun)
    • Minimum operating balance: £10
    • Maximum balance: £1,000,000 plus accrued interest credited to the account
    • Withdrawals: Aged 12-17: one withdrawal a week between £10 and £250 can be made by the account holder, subject to minimum operating balance of £10 being maintained. Withdrawals over this amount and further withdrawals in a week must be signed for by both the account holder and authorised signatory. Under 12: unlimited withdrawals of £10 and over can be made, subject to minimum operating balance of £10 being maintained. All withdrawals must be signed for by the authorised signatory.

    The account may be closed to further deposits upon a minimum of 30 days’ written notice.

    Full details