Bank of Scotland
Phone: +44 131 454 1605, +44 131 454 1606,+44 1733 574121,+44 131 339 2573
Email: security@bankofscotland.co.uk
Name
Young Saver
Category
Description
Its never too early to learn how to save money.
You can give a child or young person a great start in life with their Young Saver account.
The account is opened and managed by an adult, who is 18 or over.
You can give a child or young person a great start in life with their Young Saver account.
The account is opened and managed by an adult, who is 18 or over.
Benefit
-Variable rate of interest of 1.99% gross/2.00% AER
-Make deposits as and when you like
-Set up regular payments into the account from any designated current account and watch their savings grow.
-Interest paid quarterly
-Annual statements to help you keep track of your balance
-Instant access in any of our branches
-Once your child turns 16, the account becomes an Access Saver
-Save without noticing with Save the Change
-Make deposits as and when you like
-Set up regular payments into the account from any designated current account and watch their savings grow.
-Interest paid quarterly
-Annual statements to help you keep track of your balance
-Instant access in any of our branches
-Once your child turns 16, the account becomes an Access Saver
-Save without noticing with Save the Change
Type
savings
Interest Rate
1.99% gross
2.00% AER
2.00% AER
Minimum Balance
£1+
Eligibility
Opening adult must be 18 or over and the child must be under 16 and a UK resident. Child's birth certificate or passport required at account opening. If you are a non-UK resident and wish to find out about the savings products that may be available to you
Details
Variable rate of interest of 1.99% gross/2.00% AER
Make deposits as and when you like
Set up regular payments into the account from any designated current account and watch their savings grow.
Interest paid quarterly
Annual statements to help you keep track of your balance
Instant access in any of our branches
Once your child turns 16, the account becomes an Access Saver
Save without noticing with Save the Change
Make deposits as and when you like
Set up regular payments into the account from any designated current account and watch their savings grow.
Interest paid quarterly
Annual statements to help you keep track of your balance
Instant access in any of our branches
Once your child turns 16, the account becomes an Access Saver
Save without noticing with Save the Change
Featured
Yes
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