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Savings

Children's Accounts

Created to help build strong saving habits, helping parents to manage early savings as children start learning how to save.

Young Saver Accounts

Start their savings journey today with an account designed to grow alongside them, giving parents the tools to manage early savings, while children learn how to save for themselves.

 

Account Interest rate Open from Withdrawals Useful information
Young Saver Easy Access

3.00%

Gross p.a

3.00% AER

£1
Unlimited
  • Save up to £85,000
  • Ages 17 and under
  • Open in branch
View
Junior Cash ISA

3.75%

Gross p.a

3.75% AER

£1
Not permitted
  • Save up to £9,000 each year
  • Ages 17 and under
  • Open in branch
View

Smart Money Summer is Here!

Join us in our branches this August for money‑themed games and activities aimed at primary‑school children, helping families build healthy money habits in a fun, hands‑on way.

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Money Skills Hub

We've put together a hub full of resources and activities to help you learn about money - whether you're at the beginning of your journey, or you're looking to make your savings go even further.

LEARN MORE
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Young Saver Accounts for foster children

You will need a signed letter from SMBC, which a supervising social worker can provide in place of proof of address. You will also need a copy of the child's birth certificate to open the account.

Young Saver Account details