Saffron Building Society Children’s Regular Saver
AER
Notice/Term
Minimum Required
Account Opening
5.80%
12 Months
£5
Branch, Post
Children’s Savings – Fixed Rate Bonds
Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.
All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.
Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.
Halifax Kids’s Monthly Saver
Must have or open a Kids' Saver accountAER
Notice/Term
Minimum Required
Account Opening
5.50%
12 Months
£10
Internet, Branch
State Bank of India Jumbo Junior Fixed Deposit Account
Must have or open a Jumbo Junior Instant Access accountAER
Notice/Term
Minimum Required
Account Opening
5.00% paid at 1 Year
4.80% paid at 2 Years
4.15% paid at 3 Years
4.25% paid at 5 Years
4.80% paid at 2 Years
4.15% paid at 3 Years
4.25% paid at 5 Years
1 Year
£1,000
Branch, Post
Kent Reliance 1 Year Fixed Rate Bond – Issue 142
AER
Notice/Term
Minimum Required
Account Opening
4.95%
1 Year
£1,000
Internet, Branch
Saffron Building Society Two Year Fixed Rate Children’s Bond
AER
Notice/Term
Minimum Required
Account Opening
4.80%
2 Years
£500
Branch, Post
Nottingham Building Society Fixed Rate Issue 316
AER
Notice/Term
Minimum Required
Account Opening
4.75%
31.10.2025
£500
Branch
Children’s Savings – Fixed Rate Bonds
A Fixed Rate Bond is a type of savings account within which the rate of interest remains fixed for a set period of time, and does not fluctuate with changes to the prevailing interest rates.
The Fixed Rate Bonds on this page are specifically designed for children’s savings with the account being held in the child’s name and an adult, generally a parent, grandparent or guardian acting as signatory on the account.
Bonds tend are generally available for periods of between one and five years, typically the longer your commit your savings for the higher the rate of interest.
Most fixed rate bonds will only allow a single initial deposit upon opening of the account and will not accept further payments.
The majority of bonds do not allow early access, always read the terms and conditions to ensure that the account you open is suitable for your needs.
Fixed Rate Bonds are perfectly suited to savers who are interested in forward planning and getting a better rate of interest than is offered by other accounts.
There is a wide variety of bonds to choose from; however the best rates may only be available for a short period of time, meaning it is worthwhile regularly checking the market to ensure that you select the account with the most competitive rate of interest to invest into.
As the account is held in a child’s name the interest is generally not subject to tax.
