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Savings - Childrens Savings (Other)

CompanyAccount Gross

Gross
AER

AER
Notice
or Term
Notice or Term
Deposit

Deposit
Chorley & District BSFoxley Fund6.75%
Variable Rate
6.75%Age 18£1
Harpenden BS18 Club5.60%
Variable Rate
5.68%Age 18£1
Stafford Railway BSFirst Track5.45%
Variable Rate
5.45%Instant£250
Principality BSChildren's5.35%
Variable Rate
5.35%Instant£1
Norwich & Peterborough BSFamily Young Saver5.30%
Variable Rate
5.30%Instant£1
Saffron BSLadybird5.25%
Variable Rate
5.25%Instant£1
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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.  
  • Notes: All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
  • Source: www.moneyfacts.co.uk
  • Date Compiled: 7 October 2008

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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