KIDS’ SAVINGS ACCOUNTS.

Encourage the little ones to save with a kids’ savings account.

Account name

Interest rate (AER)

Minimum opening balance

Interest type

Withdrawals

Interest paid

Kids’ Regular Saver

insertAsset  6.00% gross/AER fixed for 12 months

£10 a month

Fixed

Closure only

Annually

Find out more

Young Saver

insertAsset  2.25% gross/AER on balances from £1 up to £20,000

insertAsset 0.50% gross/AER on anything over £20,000

£1

Variable

Unlimited

Annually

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Junior Cash ISA

Up to insertAsset 4.00% tax free/AER*

£1

Variable

None, until the child is 18

Annually

Find out more


Interest rate (AER)

insertAsset  6.00% gross/AER fixed for 12 months

Minimum opening balance

£10 a month

Interest type

Fixed

Withdrawals

Closure only

Interest paid

Annually


Interest rate (AER)

insertAsset  2.25% gross/AER on balances from £1 up to £20,000

insertAsset 0.50% gross/AER on anything over £20,000

Minimum opening balance

£1

Interest type

Variable

Withdrawals

Unlimited

Interest paid

Annually


Interest rate (AER)

Up to insertAsset 4.00% tax free/AER*

Minimum opening balance

£1

Interest type

Variable

Withdrawals

None, until the child is 18

Interest paid

Annually

*Relationship interest available if the adult registered contact linked to the Junior Cash ISA holds a Halifax cash ISA with a minimum balance of £1, otherwise insertAsset  3.00%tax free/AER variable. For children 16 and over, the relationship interest rate automatically applies to the account.

Tax treatment depends on individual circumstances and may change in the future.


For a definition of AER, Gross and other terms please view our savings glossary.


Your money is protected by the FSCS