Children's savings
Give a child you care about the best possible financial head start in life
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Plans with guaranteed amounts -
Save for university, house deposit or first car -
Monthly, annual and lump sum plans available
Why save for a child?
There are a number of ways you can protect a child’s financial future, and by starting today you could help provide for further education, their first car, or a house deposit.
Take a look at our simple children's savings products below; if you are unsure about which to choose, you'll find more info on each product page and in the help & support section, you could also use our handy product selector tool below.
Our products for children
Investment Junior ISA
Give your child a financial head start in life with our Junior ISA and watch the tax-free savings grow
- Save from as little as £10 a month
- Top-ups can be made by anyone
- 2020/21 interim bonus rate is 3.75%
Children's Tax Exempt Savings Plan
It's never too early to start saving for a child you care about, our Tax Exempt Savings Plan provides an additional tax-free allowance in addition to their Junior ISA
- Anyone can open a plan
- Choose a plan between 10 and 25 years
- Save from £5 a month
Children's Regular Savings Plan
Want to save a little extra for a child's future? Our Regular Savings Plan gives you the ability to save over your tax exempt savings plan allowance
- Save for the longer-term
- Perfect way to save for something special
- Guaranteed final amount on maturity plus possible bonuses
Children's Investment Bond
Invest in a child's financial future with this medium to long-term lump sum investment
- Invest a lump sum between £1,000 and £150,000
- Guaranteed minimum return of 103% after five years
- Quick and easy application process
Child Trust Fund (Stakeholder Account)
Originally set up by the government, a Child Trust Fund (CTF) is a long-term tax-free savings account for children. You can no longer apply for a new Child Trust Fund because the scheme is now closed.
- Transfer an existing CTF to us
- Find out if your child could already have a CTF
- Junior ISA alternative available
All references to taxation are based on the Society's understanding of current tax legislation and practice, which may change in the future.
Help & support See all help & support articles
We are here for you at all stages of your journey; our support articles cover a broad range of topics, and are designed to put you in control of your money.
Saving for your child’s future
Child Trust Funds...what you need to know
Looking to save tax-free for a child’s financial future?
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