Browse children's accounts

*Gross interest is the rate of interest before income tax is deducted at the rate set by law.
†AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
^Tax-free means the interest you earn isn't subject to UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and could change in future.

How we work out what you could save

This figure is dynamic, based on the information you've given us in the search section about your starting balance and any monthly contributions you want to make.

We make a few assumptions to calculate your result:

• you make your initial deposit on today's date
• any regular monthly deposits are made on the same day of the month the initial deposit is made
• for ISAs you can't deposit more than the cash ISA limit for the current tax year

This calculation is for guidance only, to show you what a future balance could look like.