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Principality Building Society Children's Savings Accounts

Principality Building Society ChildrenPrincipality Building Society Children's Savings Accounts

Opening a savings account for your child can be a great way to teach them the benefits of saving up and stand them in good stead for the future – with Principality Building Society children's savings accounts you can do just that. Principality Building Society children's savings accounts are available to any child under the age of 18 and include a range of features and benefits, such as:

  • Invest from £1 - £25,000
  • Competitive rates of interest
  • Children from 0-17 can open an account
  • Deposits can made whenever you want
  • Withdrawals can be made at any time
  • Teaches children saving can be rewarding and fun
  • Free Dylan the Dragon money box
  • Passbook to keep track of savings
  • Interest paid annually

The Principality Building Society children's account can be opened on behalf of a child by a parent, grandparent, aunt or uncle, but chidren aged 14 or over can open their own account; on the child's 18th birthday the funds are automatically transferred into an Instant Access Savings Account.

Principality Building Society Children's Savings Accounts
ProviderAccount NameRate
(AER)
Minimum AgeMaximum Age
Principality Building SocietyChildren's Account 5.35% 0 18
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