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Monmouthshire Building Society Children's Savings Accounts

Monmouthshire Building Society children's savings accounts are for young savers who want to start their own savings scheme, and can help them to learn the merits of saving money for a rainy day. Monmouthshire Building Society children's savings accounts can also be operated on behalf of a child by a parent or guardian. The Monmouthshire Building Society children's savings account, called the Young Savers Account, offers the following features:

Available to children aged 0-18 years
Opening balance of £10
Instant, penalty-free access
Make additional deposits at any time
Option to set up a standing order
Free gift for all savers
Competitive returns
Interest paid annually

Deposits into Monmouthshire Building Society children's savings accounts can be made though the post or in branch, and withdrawals can be made at a local branch with a passbook.