Childrens' Savings Accounts
Whether you're saving for something big or just want to start looking after your money, Saffron have the answer.
Saving your money is important and all of our accounts offer immediate access and an attractive rate of interest.
- It's a great idea to start saving for the future by keeping hold of the money you get from birthdays, Christmas, or just saving your pocket money
- Keep saving into adulthood and who knows what could be achieved:
- Go to university
- Deposit on first home
- Buy a first car
- Dream wedding
- World travel - By contributing to these types of accounts you have already started in the right direction and you'll be making a real difference to your future. You can operate these accounts on your own if you're over seven years old. An adult can operate it for you on a nominee or trustee basis (please ask the adult to complete the relevant section on the application form in full).
Ladybird account (Issue 4)
The account that makes your savings fun.
V4 account (Issue 2)
V good rate. V easy access. V easy to pay in. Voucher worth £5.
Guidance for Parents/Guardians
If you are a parent/guardian and give your child a gift of money that produces more than £100 gross interest per year then the income will normally be taxed as yours. Please see HM Revenue & Customs IR111 Booklet from your local Inland Revenue Office or visit their website for further information.
