Halifax
Kids's Monthly Saver
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General

Gross Interest Rate4.50%
Note: Must have or open a Kids' Saver account
AERAs above

Opening

Method of opening accountInternet, Branch
Minimum age of account holder0
Minimum deposit£10 - Minimum monthly savings £10, maximum £100
Maximum deposit£1,200
Contact details for opening0345 726 3646
Go to Halifax Website
Contact local branch

Ongoing

Frequency interest paidAnniversary
Interest fixed until12 months
Details of any bonus ratesN/A
Minimum ongoing balance£10
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedNo
How withdrawals are madeN/A
Early access penaltiesN/A
Notice requiredN/A