Young Saver Account

Perfect for parents, grandparents and guardians to help children save for the future.

• Can be opened in the name of a parent, grandparent or guardian

• Interest is payable from the date of receipt of all deposits

• Minimum balance £1

• When the young person reaches the age of 12 the account can be in their own name with parental approval

• Deposits can be made by standing order, post or internet banking at any time

• Withdrawals are instructed by post and can be payable to the account holder or a third party

• Withdrawals of up to £12,000 are permitted in any 35-day period
Withdrawals of over £12,000 require 35 days notice

• Interest is credited on 31st December annually

• A statement will be issued every three months

• Available to Personal customers only

Check out our current interest rates

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