Compare Savings Accounts for Under 16s

Compare the best savings accounts for under 16s available in the UK and secure the highest interest rate possible for your own, or your children's savings. Our simple comparison makes finding the best rates available on savings accounts for under 16s quick, straight forward and hassle free.
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Account TypeHeadline InterestInterest PaidAccessMinimum AgeMin 1st Deposit 
RateBalanceWebBranchTel 
Promoted Results
Santander
2 Year Fixed Rate Major ISA
Cash ISA4%£1annually
16
years
£1
Plus an additional one-off bonus of 0.10% tax free if Rory McIlroy wins an eligible golf Major*.
Scottish Widows Bank
 
5 Year Fixed Term Deposit
Fixed Bond4%£10,000choice
16
years
£10,000
Scottish Widows Bank
 
3 Year Fixed Term Deposit
Fixed Bond3.5%£10,000choice
16
years
£10,000
Cheshire
Direct Cash ISA (Issue 3)
Cash ISA3.35%£1,000annually
16
years
£1,000
Santander
Direct ISA Issue 9
Cash ISA3.3%£2,500annually
16
years
£2,500
Chelsea Building Society
 
3.20% Fixed Rate ISA to 31/05/2013
Cash ISA3.2%£100choice
16
years
£100
Nationwide
MySave Online Plus
Easy Access3.17%£25,000monthly
16
years
£1,000
1 free withdrawal each year. Subsequent withdrawals incur loss of interest in that month.
Derbyshire Building Society
 
NetSaver (Issue 3)
Easy Access3.06%£1,000annually
16
years
£1,000
Virgin
Easy Access Cash E-ISA
Cash ISA2.85%£1choice
16
years
£1
Virgin
Easy Access eSaver Issue 2
Easy Access2.6%£1choice
16
years
£1
Barnsley Building Society
 
Online Saver Account Issue 2
Easy Access2.5%£1choice
16
years
£1
Nationwide
Regular Savings
Regular Saver2.5%£1annually
11
years
£1
This is a regular savings account. To achieve the interest rates shown investors must increase their monthly balance by £500-£1,000 per... more
This a is regular savings account. to achieve the interest rates shown...
Full Results
HSBC
Regular Saver (Premier, Advance, Passport) Ex/C
Regular Saver8%£25maturity
16
years
£25
Regular monthly payments must be made into this account by standing order from a HSBC current account. The monthly minimum payment is £25 and... more
HSBC
Regular Saver (Bank Account & Graduate) Ex/C
Regular Saver6%£25maturity
16
years
£25
Regular monthly payments must be made into this account by standing order from a HSBC current account. The monthly minimum payment is £25 and... more
Halifax
Kid's Regular Saver
Regular Saver6%£10maturity
0
years
£10
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... more
Halifax
Junior Cash ISA (Relationship Rate)
Junior Cash ISA6%£1annually
0
years
£1
Nottingham Building Society
 
Diamond Jubilee Saver
Regular Saver6%£100maturity
16
years
£100
The minimum monthly payment is £10, maximum £100.
Norwich & Peterborough Building Society
 
Family Regular Saver
Regular Saver5%£1annually
16
years
£1
Only available to customers who have dependent children (age up to 16 or 18 if in full time education).
Customers must make regular deposits... more
Bath Investment & Building Society
 
Future Builder
Instant Access5%£1annually
0
years
£1
This account is only available to those residing in Wiltshire, Somerset, Gloucestershire, Dorset, Bath and North East Somerset.
Norwich & Peterborough Building Society
 
E-family Regular Saver
Regular Saver5%£1annually
16
years
£1
Only available to customers who have dependent children (age up to 16 or 18 if in full time education).
Customers must make regular deposits... more
Derbyshire Building Society
 
Platinum Monthly Saver (Issue 3)
Regular Saver5%£100annually
16
years
£100
Regular monthly payments must be made into this account. The minimum monthly payment is £100 and the maximum monthly payment is £500.
Dunfermline Building Society
 
Platinum Monthly Saver (Issue 1)
Regular Saver5%£100annually
16
years
£100
Regular monthly payments must be made into this account. The minimum monthly payment is £100 and the maximum monthly payment is £500.
Cheshire
Platinum Monthly Saver (Issue 3)
Regular Saver5%£100annually
16
years
£100
Regular monthly payments must be made into this account. The minimum monthly payment is £100 and the maximum monthly payment is £500.
Nottingham Building Society
 
Starter ISA - Issue 2
Cash ISA5%£10annually
16
years
£10
Principality Building Society
 
Dylan's Children's Regular Saver Bond Issue 3
Regular Saver4.5%£10maturity
0
years
£10
Regular monthly payments must be made into this account. The minimum monthly credit is £10. The maximum monthly credit is £150.
AA
5 Year Fixed Rate Savings Account
Fixed Bond4.4%£1choice
16
years
£1
BM Savings
5 Year Fixed Rate Bond
Fixed Bond4.4%£1choice
16
years
£1
Clydesdale Bank
5 Year Term Deposit Annual Capitalisation
Fixed Bond4.25%£2,000maturity
16
years
£2,000
Clydesdale Bank
5 Year Term Deposit Maturity
Fixed Bond4.25%£2,000maturity
16
years
£2,000
Clydesdale Bank
5 Yr Deposit Annual Captialisation & Repayment
Fixed Bond4.25%£2,000annually
16
years
£2,000
Yorkshire Bank
5 Year Term Deposit Annual Capitalisation
Fixed Bond4.25%£2,000maturity
16
years
£2,000
Yorkshire Bank
5 Year Term Deposit Maturity
Fixed Bond4.25%£2,000maturity
16
years
£2,000
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Savings Comparison

Alternative Savings Accounts

You may want to compare the above savings accounts with the following.

Stafford Railway Pullman

  • Get a minimum withdrawal of £1 from this Pullman.
  • You get promotional interest rate of 2.25%.
  • The savings account offers a £1 minimum bal.
  • 1 [attribute name] available..
  • Get initial interest balance of £250,000.

Yorkshire Bank Signature Savings Account Ex/C

  • A minimum withdrawal of £1 is available from Yorkshire Bank.
  • £100,000 initial interest balance is available with Signature Savings Account Ex/C.
  • An unlimited maximum total investment is available.
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Julian Hodge Bank 2 Yr Capital Millennium Bond

  • Customers get 24 months fixed period from Julian Hodge Bank.
  • Benefit from an introductory interest balance of £1,000 from the savings account.
  • Julian Hodge Bank gives fixed length of 2 years.
  • This Julian Hodge Bank 2 Yr Capital Millennium Bond has an initial interest rate of 3.2%.

HSBC 5 Year Fixed Rate Saver

  • Term withdrawal notice is available with 5 Year Fixed Rate Saver.
  • 1 [attribute name] available..
  • Get a fixed period of 60 months from the savings account.
  • Initial interest rate of 3.3% is available with 5 Year Fixed Rate Saver.
  • Get a maximum total investment of £1,000,000.
  • Get £2,000 minimum balance from HSBC.

Chorley & District Building Society Chorley 60

  • Initial interest balance of £60,000 is available with the savings account.
  • Headline interest rate of 1.2 percent is available with the savings account.
  • The savings account gives a withdrawal notice of 60 days.
  • You will get minimum withdrawal of £1.

Post Office 2 Year Fixed Rate Growth Bond Issue 17

  • No closure during term penalty or notice on account closure is offered to customers.
  • Term withdrawal notice.
  • Fixed length of 24 months is offered to you.
  • New customers get 2 yrs fixed interest rate period from the 2 Year Fixed Rate Growth Bond Issue 17.
  • New customers can get max total investment of £1,000,000.
  • Get fixed length of 2 yrs.

Wesleyan Bank Limited 5 Year Fixed Rate Cash ISA

  • Customers can get £5,640 max annual investment.
  • Customers get minimum withdrawal of £10.
  • New customers get 0 days withdrawal notice from the savings account.
  • You enjoy 0 days ISA transfer notice from this savings account.

Leeds Building Society Young Investor 5 Year Fixed Rate Bond (Issue 4)

  • Get a penalty or notice on account closure number closure during term from this Young Investor 5 Year Fixed Rate Bond (Issue 4).
  • Fixed length of 60 months is available with the savings account.
  • Initial interest rate of 3.35% is available to you.
  • Get a max total investment of £1,000,000 from the Young Investor 5 Year Fixed Rate Bond (Issue 4).
  • This Young Investor 5 Year Fixed Rate Bond (Issue 4) has a 28/02/2017 fixed duration.
  • Term withdrawal notice is offered with this savings account.