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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 him/her how to save for a goal, Principality offer a range of savings accounts with flexible and competitive benefits.

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Children's Savings Accounts

Gross* p.a. AER† Includes bonus Minimum to open Withdrawal notice More details
Dylan's Regular Saver Bond Issue 6 3.00% 3.00% N/A £10 Not permitted More about this product

A child's savings account is a great way to give children a solid financial start in life and it doesn't take a lot to get into the habit of saving regularly.

  • Fixed interest rate for a 3 year term
  • Minimum initial investment of £10
  • Save up to £150 per calendar month for a 3 year period
  • If you make a £150 cash investment into your Bond each month on the same date as the date your Bond was opened you will earn £255.12 gross* interest at Bond Maturity
  • No withdrawals allowed
  • Closure permitted
  • Interest is calculated daily and paid annually on the anniversary of the account opening date


Children's Account 0.90% 0.90% N/A £1 None More about this product

Our Children's Account is the ideal way to start saving for your child's future, because it makes saving both enjoyable and rewarding.

  • Variable interest rate
  • Account only available to persons under 18 years old. 
  • Minimum balance is £1. Maximum balance is £25,000.
  • Matures on the child's 18th birthday. On maturity the account will be transferred into Instant Access Account (or equivalent).

* 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.

# Net is the rate of interest payable after the deduction of income tax at the rate specified by law.


To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used by Principality Building Society to contact you about your application.

Principality Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, reference number 155998.