Children’s Bank Accounts – Open a MyMoney Child Account | HSBC UK

 

Banking and saving for 7-17s

Separate your savings from your spending money with MyMoney: a package of MySavings and MyAccount. You'll get the savings account if you're aged 7 or over and you'll also get the current account when you're aged 11.

Are you eligible for a MyMoney account? Check the full details



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How to apply

MyMoney
  • Earn interest with MySavings From the age of 7 you can open a MySavings account from as little as £1 and watch your money grow with monthly interest
  • Separate spending money with MyAccount From the age of 11, we'll also give you a real current account called MyAccount so you can learn to manage your money responsibly
  • Withdraw cash with your cash card From the age of 11, MyAccount comes with a cash card to use at ATMs. You can take out cash and see how much is in your account
  • Shop online with a debit card When you turn 13, we'll send you an HSBC VISA Debit Card to use online and in shops, unless you or your parents ask us not to
  • Manage your money any time Choose from Telephone and Internet Banking, all available 24/7, except for scheduled maintenance periods
  • Don't worry about overspending You can't go into debt with MyMoney - we'll never let you spend more than you have in your account

Are you eligible for a My Money account? Check the full details

Take a look at the other accounts we offer

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