Childrens Accounts

Account

Access is limited to withdrawals of up to 25% of your capital investment without notice or loss of interest prior to maturity (30 April 2018) subject to the minimum balance of £100 being maintained. Closure of the account or further withdrawals are not permitted until the day after

The account will pay a rate of interest that is not less than 1% below the Bank of England Base Rate for the term. An additional bonus of 1.25% p.a. is payable if two further £600 annual contributions, one per year for the next two years, are made to the account between the account opening date and each of your child's next two birthday anniversaries. This bonus will be paid in addition to other interest payable on your child's birthday. The bonus is payable on the first and second birthday anniversaries from the account opening date, but not on any further birthday anniversaries.