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Scarborough Building Society Children's Savings Accounts

Scarborough Building Society ChildrenScarborough Building Society Children's Savings Accounts

With a Scarborough Building Society childrens savings account, you can give your child more control over their finances. As long as the child is over 7, they can open a Scarborough Building Society childrens savings account themselves, otherwise a parent or guardian is required to open the account on their behalf and can then sign it over to them on their 7th birthday. Other features of the Scarborough Building Society children's savings account - the Young Supersaver Account - include:

  • Available to 0-18 year olds
  • Minimum balance of £10
  • Maximum investment of £10,000  
  • Penalty-free, no notice access
  • Competitive interest returns
  • Interest paid annually
  • Tax-free savings if you are under 16
Scarborough Building Society children's savings accounts can be kept open until the account holder's 23rd birthday.
Scarborough Building Society Children's Savings Accounts
ProviderAccount NameRate
(AER)		Minimum AgeMaximum Age
Scarborough Building SocietyChildren's Savings Bond 6.00%
Scarborough Building SocietyYoung Supersaver 4.75% 0 18
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