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Children's accounts

Learning how to save is an important skill to master at any age and having the right savings account to help you along the way can make all the difference! We have created savings accounts that suit every age and stage of life, so no matter your savings goals, you can find the right account for you.

When saving at Saffron Building Society, your money is kept safe. The more you put in and the longer you leave it the more it can grow.

Our Children’s Regular Saver encourages young savers to prioritise putting away a small sum each month to help develop essential saving habits and money management skills. Not to mention, helping you to build up savings so you can reach all your savings goals!

Our children's accounts

* The gross rate is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates what the gross interest rate would be if the interest was paid and added to the account annually.

Children's Regular Saver (Issue 2)

Minimum deposit

£5.00

Gross p.a / AER*

4.20%

Interest

Annually

Additional information

  • Maximum monthly payment of £100.00
  • Apply - branch, post
  • Manage - branch, post, phone, webchat
  • Age 17 or under

Two Year Fixed Rate Children's Bond

Minimum deposit

£500.00

Gross p.a / AER*

4.05%

Interest

Annually

Additional information

  • Maximum balance £25,000.00
  • Apply - branch, post
  • Manage - branch, post, phone, webchat
  • Age 16 or under

U18 Easy Access account (Issue 2)

Minimum deposit

£1.00

Gross p.a / AER*

2.45%

Interest

Annually

Additional information

  • Maximum balance £250,000.00
  • Apply - branch, post
  • Manage - branch, post, phone, webchat
  • Age 17 or under

Childrens Easy Access Maturity AI

Minimum deposit

£1.00

Gross p.a / AER*

0.95%

Interest

Annually

Additional information

  • Maximum balance £250,000.00
  • This is a default product - it will be opened with funds from a Saffron account that has finished its fixed term and you can top up your funds.
  • Manage - branch, post, phone, webchat

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