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

Stroud and Swindon Building Society Children's Savings Accounts

There are two Stroud and Swindon Building Society children's savings accounts to choose from – an instant access account and a fixed bond. The former is available to children up to the age of 18, while the latter is available to those between two and 16.

If you are interested in opening a flexible savings account for your child, it might be worth considering the Moneybox Savings Account, which offers:

  • Instant access to funds with no penalties
  • Opening investment of just £1
  • Annual interest payments based on daily calculation
  • Option to support either Forest Green FC, Bath Rugby Community Foundation

However, if you prefer to keep your child's money more securely tucked away, it may be worth opening a Children's bond. This type of Stroud and Swindon Building Society children's savings account will enable you to:

  • Enjoy a high rate of interest
  • Top up the account to a maximum of £100,000
  • Withdraw cash instantly subject to 90 days' lost interest
  • See savings rise until the account matures on May 16, 2012
You can give your child a leg up in life by setting some money aside for them, even if it is just a small amount, with a Stroud and Swindon Building Society children's savings account.
Stroud and Swindon Building Society Children's Savings Accounts
ProviderAccount NameRate
(AER)		Minimum AgeMaximum Age
Stroud & Swindon Building SocietyMoneybox (Child Saving Account) 0.25% 0 18
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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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