Saving for 7 to 17s
Treats, trips, games or your future – whatever you're saving for, keep your money safe in your own savings account.
Are you eligible for a MySavings? Check the full details
- Start as you mean to go on Anyone aged between 7 and 17 can open a MySavings account, so it's a great way of learning how to manage your money.
- Open an account with £1 With MySavings you can save any amount, from £1 pocket money to the wages from your job.
- Watch your money grow MySavings accounts pay you interest on your savings of between 0.50% AER/gross and 3.00% AER/gross.
- Get your own cash card On your 11th birthday we'll also open a MyAccount for you. It comes with a cash card for you to take out money at cash machines. Both accounts form a package called MyMoney.
- Take out money at the bank You can take out money at any of our branches using your cash withdrawal book, although if you're under 11 and want to take out over £50 you'll need your parent's or guardian's signature.
Are you eligible for a MySavings? Check the full details
Our top 5 FAQs
1. How do I apply for MySavings?
2. Am I eligible?
3. How much can I save?
4. How can I access my savings?
5. What happens to the account when you reach 11 years of age?
Need to speak to us?
Give our friendly team a call on:
0800 032 4738
Lines are open 8am to 10pm everyday except Christmas Day, Boxing Day and New Year's Day. Calls may be monitored or recorded.
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Don't know where to start?
If you're unsure where to start with your finances, our experts can help.
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