The minimum investment required to open this account is £1.
Availability
restricted
To be eligible to receive interest the Customer must pay money into their account at least once a month and not hold an existing Bank Account with Santander. Santander will not pay interest on any amount over £500, or on the whole balance if the Customer does not make any payments into their account each month.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Age
11 years
The minimum age for investors is 11 years old.
Maximum Age
15 years
The maximum age for investors is 15 years. When the customer reaches age 16, the account will be upgraded to a 16-18 account.
Area Restrictions
none
There are no area restrictions.
Minimum Initial Investment
£1
The minimum investment required to open this account is £1.
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