Latest Savings Commentary

Income is king

Oliver Roylance-Smith / 15 May 2012

Investing for income is always a popular investment theme, never more so than in recent months with income solutions ruling the roost over the ISA season for both the cash ISAs and investment ISAs. ... Read more

7% potential annual income, capital protected

Oliver Roylance-Smith / 10 May 2012

"The latest Fair Investment Income Deposit Plan offers capital protection plus the potential to earn 7% for each year the FTSE 100 remains between 4,500 and 7,000 points (yesterday’s clos... Read more

The savings dilemma and the rise of alternatives

Oliver Roylance-Smith / 01 May 2012

The economic landscape continues to create a real dilemma for savings and put a spotlight on the fixed rate bond. With yields on these lowering amid continued pressures on getting the most out of yo... Read more

Standard Life Bank Children's Savings Accounts

However old your child is, opening a savings account on their behalf could really help set them up for the future. Grandparents, friends and other relatives can all pay into Standard Life Bank children's savings accounts so that by the time they are old enough to spend it, there should be a nice little nest egg waiting for them. Perhaps this could be used to help with university costs, buying a car, or even getting on the property ladder. Standard Life Bank children's savings accounts allow you to:

  • Accrue interest at a high rate with a monthly or annual payout
  • Open an account with just £1
  • Save up to £10 million
  • Register for online banking
  • Withdraw funds after a 50-day notice period or at the loss of 50 days interest
Providing you are over 16, and your child is under 16, you can open one of these Standard Life Bank children's savings accounts. Even if you only pay in a small amount every now and then, your child will be really grateful when they find out you have been investing for his or her future.
Standard Life Bank Children's Savings Accounts
ProviderAccount NameRate
(AER)		Minimum AgeMaximum Age
Standard Life Bank50 Day Notice Account 1.58 - 1.78% 16 0
Standard Life Bank50 Day Notice Account Monthly 1.58 - 1.78% 16 0
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Cash ISA Selection
ProviderAccountInterest Rate (AER)TermApply
17.25%3 YearsApply Now >
This structured capital protected deposit plan offers a maximum return of 17.25% at maturity. Also available for Cash ISA and Cash ISA transfer.
7.00%6 YearsApply Now >
A 6 year capital protected structured deposit plan designed to pay 7.00% annual income. Also available as a cash ISA and ISA transfer.
3.30%1 YearApply Now >
3.30% gross/AER fixed for 1 year. £1,000 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).

*Income payments and returns are dependent on the performance of the FTSE 100 index.

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

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