The Monmouthshire Building Society
Phone: +44 01633 844 445, +44 01633 844 330
Email:
Name
Young Savers
Category
Description
You're never too young to open a YOUNG SAVERS ACCOUNT. Our Young Savers Account is for young people who wish to start a savings scheme of their own. It is also designed for an adult who wishes to operate an account on behalf of a child.
Conditions
•Minimum deposit of just £10 is required to open an account
• Maximum investment balance is £500,000
• You can add to your savings at any time by cash, cheque, standing order or direct debit
• Available to children under 18 years old
• When the account holder reaches the age of 21, the Young Saver account must be transferred to an alternative account with the Society
• Maximum investment balance is £500,000
• You can add to your savings at any time by cash, cheque, standing order or direct debit
• Available to children under 18 years old
• When the account holder reaches the age of 21, the Young Saver account must be transferred to an alternative account with the Society
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