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Savings - Childrens Savings (High Street)

CompanyAccount Gross

Gross
AER

AER
Notice
or Term
Notice or Term
Deposit

Deposit
Apply
HalifaxChildren's Regular Saver10.00%
Fixed Rate
10.00%1 Year Bond£10
Yorkshire BSTreasure Bond6.00%
Fixed Rate
5.99%31.05.09£100
HalifaxSave4it5.55%
Variable Rate
5.55%Instant£1
Chelsea BSReady Steady Save5.45%
Variable Rate
5.45%Instant£1
Yorkshire BSOne Day5.33%
Variable Rate
5.40%Instant£10
Nationwide BSSmart5.20%
Variable Rate
5.27%Instant£1
Key:
  • * = Introductory rate for a minimum of 6 months.  
  • F = Fixed Rate  
  • G = Regular Savings Account min £10, max £100 per month. Earlier access on closure only subject to loss.  
  • OM = Interest paid on maturity.  
  • 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: 12 May 2008

Product Guide

  • Children's 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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