The minimum number of payments required to receive the cited interest rate is 1
Availability
restricted
Regular monthly payments must be made into this account by standing order from a parent or guardian's bank account. The monthly minimum credit is £10. The monthly maximum credit is £100. Monthly payments may be missed however they cannot be made up during the 12 month period.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Restricted Access
no
There is no restricted access.
Minimum Monthly Investment
£10
The minimum monthly credit is £10.
Minimum Age
0 years
There is no minimum age. However the account must be opened in trust by a person who is over 18.
Maximum Age
15 years
The maximum age to open the account is 15 years. The person opening the account for the child must be over 18.
Area Restrictions
none
There are no area restrictions
Minimum Initial Investment
£10
Minimum investment is £10.
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