Compare bank accounts for teenagers

Find the best bank account for teens and become more independent with your money. These accounts let you bank online, withdraw cash, pay for things by card and even earn interest.

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1 result found, sorted by youngest minimum age. How we order our comparisons.

Santander 123 Mini Current Account

Eligibility

13 years to 17 years

Interest rate

Up to 3% AER (on up to £2,000)

Account fee & requirements

No monthly fee

Flexible and adaptable banking, in a safe and controlled way. The 123 Mini Current Account is designed to provide a safe environment to learn money management and take the first steps towards financial responsibility for those aged between 13 and 17.

More Information

Rate Tiers

	Gross rate	Gross rate	AER rate	AER rate
	Excluding bonus	Including bonus	Excluding bonus	Including bonus
£1	1%	1%	1%	1%
£1,000	1.98%	1.98%	2%	2%
£1,500	2.96%	2.96%	3%	3%
£2,001	0%	0%	0%	0%

Eligibility

Maximum Age	17 years
Maximum Investment	£2,000,000
Minimum Age	13 years
Permanent UK Resident

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