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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.
- Compare accounts with great offers
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1 result found, sorted by Youngest minimum age. How we order our comparisons.
Santander 123 Mini Current Account
Eligibility
13years to17years
Interest rate
Up to3%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 | |
| £1.00 | 1% | 1% | 1% | 1% |
| £1,000.00 | 1.98% | 1.98% | 2% | 2% |
| £1,500.00 | 2.96% | 2.96% | 3% | 3% |
| £2,001.00 | 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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Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.