Are you having a problem opening a savings account for your child?
We offer 4 simple savings accounts:
With instant access accounts you can save when you want to and have access to your money when you need it. The Instant Access ISA allows you to withdraw and replace money in the account within same tax year. And for regular instant access savings you can move money in and out whenever you like.
Fixed term accounts let you set aside money for a set length of time. With these accounts, you can earn a higher rate of interest than on instant access accounts.
We offer a range of fixed terms to suit your savings goals, whether it’s a short-term splurge you’re putting money away for, or a major expense like a wedding or holiday.
Keep in mind that you don’t have to put all your savings into one type of account. You can mix instant access and fixed term accounts to help you meet your savings goals.
Under 21s can get into the habit of saving early on with our Young Savers Account.
You can open one on behalf of a child from the day they’re born. And from age 11, a child can open an account in their own name.
Saving is fun with the Magic Money 5 for 5 Club, open to young savers aged 5 to 15. The club encourages kids to save and rewards them with prizes and even cash bonuses.
Being straightforward is what we’re all about. That’s why we’ve done away with introductory bonuses. We also cut out withdrawal restrictions on instant access accounts.
And with our savings promise, you always get our best available rate. For example, when your fixed term account matures, we" ll="" always="" offer="" you="" the="" best="" available="" rate="" at="" that="" time.="" <="" p="">