Children's Savings Accounts

Children’s savings accounts from Principality not only offer competitive interest rates, they also help to teach your child the value of money. Whether you choose to open a children’s savings account to encourage your child to save for the future or show them how to save for a goal, Principality offers Children's savings accounts with flexible and competitive benefits.

New savings terms and conditions are available from 24 July 2017.

We’ve added information about opening an account on a signatory and trustee basis, and increased the faster payment withdrawal limit to £20,000. View our Children’s Savings Account FAQs for more information about opening an account on a signatory and trustee basis.

View the new savings terms and conditions.

  Gross* p.a. AER† Includes bonus Minimum to open Withdrawal notice  
Children's Account 0.95% 0.95% No £1 None More details
Dylan Regular Saver Bond Issue 7 3.00% 3.00% No £10 Not permitted More details

* Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.

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