Children Savings Accounts

• Open an account with £1 or more.
• Earn a variable rate of 3.20% Gross/ 3.25% AER from £1, and 1.39% Gross / 1.40% AER (variable) on any funds over £20,000
•  You must have a TSB current account to open a Young Saver Account on behalf of a child
• Only one Young Saver Account can be opened for each child
  
   

• For children under the age of 18
• Open from just £1
• Once the child reaches 18, the account will mature into an adult ISA.
• 3.65% tax free/AER variable

Withdrawals aren't permitted prior to maturity at age 18 (unless the child is diagnosed with a terminal illness and permission is given by HMRC to make withdrawals)

If you are looking to invest for the long term for your child and want stock market linked returns, you could invest in a Wealthify Junior Stock & Shares ISA.

• For children under the age of 18
• Open from just £1

As with all investments, your capital is at risk and you may get back less than you invest.