Yorkshire Bank

Yorkshire Bank PLC

Phone: +44 141 951 7315, 08447 368 368, +44 141 951 7315, +44 (0) 844 736 8368

Children’s savings accounts

It’s easy to help your child or grandchild get their first foot on the savings ladder – no matter how young they are.
You know how quickly they grow - and the sooner you start saving, the sooner your child’s plan will have the potential to grow with them.

You can save £25 a month on behalf of a child in our Vision Tax Exempt Savings Plan for Children. The minimum term of the plan is 10 years. It can also be taken out to mature when the child reaches age 18 or 21, so long as it runs for at least 10 years.

It is a friendly society, tax exempt regular savings plan
Any of the growth in the plan is tax free - provided it runs for at least 10 years
The money remains invested until the plan is cashed in
You can save £25 a month on behalf of a child or grandchild
You can invest in the Engage Mutual With Profit Sub Fund for a minimum of 10 years
It is available to any child provided, they do not already have a tax exempt friendly society savings plan
The plan is taken out by a parent or legal guardian on behalf of the child. When the child reaches age 16, the ownership of the plan passes to them.

We recommend that you read the Important Information in the next Tab.

Charges apply.

The Tax treatment of the Vision TESP may change in the future.

Yorkshire Bank acts as an introducer for the Vision Tax Exempt Savings Plan, provided by Engage Mutual Assurance.

For your security, calls may be monitored or recorded.

The Vision Tax Exempt Savings Plan for Children is only available to children aged 0 - 15 years inclusive



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