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Key:
- * = Introductory rate for a minimum of 6 months.
- F = Fixed Rate
- OM = Interest paid on maturity.
- U = Maximum investment £1,200 pa.
Product Guide
Children's Savings Accounts
Children's Savings Accounts - Many banks and building societies offer specific accounts for children . These can pay higher rates of interest than traditional savings accounts. As these accounts would suggest, there are age restrictions involved with these accounts. Most of these have to be closed by age 18 but some go up to age 24. Some accounts may restrict the number of withdrawals that can be made over a certain time period.
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