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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| Santander 2 Year Fixed Rate Major ISA | Cash ISA | 4% | £1 | annually | | | | 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 Bond | 4% | £10,000 | choice | | | | 16 years | £10,000 | |
| Scottish Widows Bank 3 Year Fixed Term Deposit | Fixed Bond | 3.5% | £10,000 | choice | | | | 16 years | £10,000 | |
| Cheshire Direct Cash ISA (Issue 3) | Cash ISA | 3.35% | £1,000 | annually | | | | 16 years | £1,000 | |
| Santander Direct ISA Issue 9 | Cash ISA | 3.3% | £2,500 | annually | | | | 16 years | £2,500 | |
| Chelsea Building Society 3.20% Fixed Rate ISA to 31/05/2013 | Cash ISA | 3.2% | £100 | choice | | | | 16 years | £100 | |
| Nationwide MySave Online Plus | Easy Access | 3.17% | £25,000 | monthly | | | | 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 Access | 3.06% | £1,000 | annually | | | | 16 years | £1,000 | |
| Virgin Easy Access Cash E-ISA | Cash ISA | 2.85% | £1 | choice | | | | 16 years | £1 | |
| Virgin Easy Access eSaver Issue 2 | Easy Access | 2.6% | £1 | choice | | | | 16 years | £1 | |
| Barnsley Building Society Online Saver Account Issue 2 | Easy Access | 2.5% | £1 | choice | | | | 16 years | £1 | |
| Nationwide Regular Savings | Regular Saver | 2.5% | £1 | annually | | | | 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... moreThis is a regular savings account. To achieve the interest rates shown investors must increase their monthly balance by £500-£1,000 per month. If the account balance increases by less than this, or not at all, in a month, a lower rate of interest will apply to the whole balance. Withdrawals also affect the monthly balance increase, e.g. a monthly payment of £500 followed by a withdrawal of £250 would mean the monthly balance had increased by £250. Balances increases of £200-£499 per month will receive a rate of 1.85% on the whole balance for that month, balance increases of £100-£199 will receive a rate of 1.35% on the whole balance for that month, balance increases of £1-£99 will receive a rate of 0.10% on the whole balance for that month. This a is regular savings account. to achieve the interest rates shown... |
| HSBC Regular Saver (Premier, Advance, Passport) Ex/C | Regular Saver | 8% | £25 | maturity | | | | 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... moreRegular monthly payments must be made into this account by standing order from a HSBC current account. The monthly minimum payment is £25 and the maximum is £250. Only available to customers who have a HSBC Premier, Plus or Passport current account. |
| HSBC Regular Saver (Bank Account & Graduate) Ex/C | Regular Saver | 6% | £25 | maturity | | | | 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... moreRegular monthly payments must be made into this account by standing order from a HSBC current account. The monthly minimum payment is £25 and the maximum is £250. Only available to customers who have an HSBC Bank Account or Graduate Bank Account. Only 1 Regular Saver of any type can be held by a customer. |
| Halifax Kid's Regular Saver | Regular Saver | 6% | £10 | maturity | | | | 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... moreRegular 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. |
| Halifax Junior Cash ISA (Relationship Rate) | Junior Cash ISA | 6% | £1 | annually | | | | 0 years | £1 | |
| Nottingham Building Society Diamond Jubilee Saver | Regular Saver | 6% | £100 | maturity | | | | 16 years | £100 | |
| The minimum monthly payment is £10, maximum £100. |
| Norwich & Peterborough Building Society Family Regular Saver | Regular Saver | 5% | £1 | annually | | | | 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... moreOnly available to customers who have dependent children (age up to 16 or 18 if in full time education). Customers must make regular deposits into this account. Invest £1 to £250 per month. |
| Bath Investment & Building Society Future Builder | Instant Access | 5% | £1 | annually | | | | 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 Saver | 5% | £1 | annually | | | | 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... moreOnly available to customers who have dependent children (age up to 16 or 18 if in full time education). Customers must make regular deposits into this account. Invest £1 to £250 per month. |
| Derbyshire Building Society Platinum Monthly Saver (Issue 3) | Regular Saver | 5% | £100 | annually | | | | 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 Saver | 5% | £100 | annually | | | | 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 Saver | 5% | £100 | annually | | | | 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 ISA | 5% | £10 | annually | | | | 16 years | £10 | |
| Principality Building Society Dylan's Children's Regular Saver Bond Issue 3 | Regular Saver | 4.5% | £10 | maturity | | | | 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 Bond | 4.4% | £1 | choice | | | | 16 years | £1 | |
| BM Savings 5 Year Fixed Rate Bond | Fixed Bond | 4.4% | £1 | choice | | | | 16 years | £1 | |
| Clydesdale Bank 5 Year Term Deposit Annual Capitalisation | Fixed Bond | 4.25% | £2,000 | maturity | | | | 16 years | £2,000 | |
| Clydesdale Bank 5 Year Term Deposit Maturity | Fixed Bond | 4.25% | £2,000 | maturity | | | | 16 years | £2,000 | |
| Clydesdale Bank 5 Yr Deposit Annual Captialisation & Repayment | Fixed Bond | 4.25% | £2,000 | annually | | | | 16 years | £2,000 | |
| Yorkshire Bank 5 Year Term Deposit Annual Capitalisation | Fixed Bond | 4.25% | £2,000 | maturity | | | | 16 years | £2,000 | |
| Yorkshire Bank 5 Year Term Deposit Maturity | Fixed Bond | 4.25% | £2,000 | maturity | | | | 16 years | £2,000 | |
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Alternative Savings Accounts
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- 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%.
- Term withdrawal notice is available with 5 Year Fixed Rate Saver.
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- 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.
- 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.
- 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.
- 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.
- 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.