Best Children’s Savings Accounts in the UK

1 min Read Published: 01 Mar 2024

The best Children’s Accounts from the whole UK Savings Market!

SavingsChampion.co.uk monitors the whole UK savings market (that's over 4,000 accounts) to bring together the best buys available.

The following savings best buy tables are also available:

Two ways to always ensure you get the best savings rate

  1. Bookmark this page and regularly check our best buy tables, such as the one below.
  2. You can also sign up to the FREE rate tracker email alert which will monitor savings account rates for you. You simply enter your email address and the names of the savings accounts you currently have. Then, not only will the system tell you if you are getting a good deal, but it will continuously monitor the market for you and email you when there are better deals out there than your existing account. When using the tool make sure you enter the correct balance for each of your accounts as some deals out there offer tiered rates - whereby the interest rate paid is dependent on your account balance.

Best Children's Accounts

Saffron Building Society Halifax Coventry Building Society HSBC The Family Building Society 
Account name Children's Regular Saver Kids' Monthly Saver Young Saver MySavings Junior Saver - 2
AER 5.80% 5.50% 5.25% 5.00% 4.50% 
Minimum opening balance £5 £10 £1 £1 £3,000
Maximum age to open 15 15 18 17 17
Minimum age to open 0 0 7 7 0
How to manage the account Branch, Post Branch

Branch, Cash Card, Post, Telephone

Branch, Telephone Branch, Post, Telephone
How to apply Branch, Post Branch, Online Branch, Post Branch Branch, Post
Financial Services Compensation Scheme Own Licence Shared Licence (Bank of Scotland plc) Own Licence Shared Licence (First Direct) Shared Licence

Source: SavingsChampion.co.uk: Updated 01/03/2024