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.