123 Mini Account (in Trust)
Santander< Back to Best Buys


Gross Interest Rate3.00% - £300 - £2,000
2.00% - £200 - £299
1.00% - £100 - £199
Note: Trustee must have a Santander current account
AERAs above


Method of opening accountTelephone, Branch
Minimum age of account holderMust be opened in trust for children under 13. Trustee must be over 18.
Minimum deposit£300 for 3.00% but account can be opened with £1
Maximum deposit£2,000,000
Contact details for opening0800 389 9875
Go to Santander Website
Contact local branch


Frequency interest paidMonthly
Interest fixed untilVariable
Details of any bonus ratesN/A
Minimum ongoing balance£1
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedNo
How withdrawals are madeInternet, Telephone, Branch
Early access penaltiesN/A
Notice requiredNo