Yorkshire Bank Building Society children’s savings accounts are tiered; there is one for children under 10 who need assistance from a parent or guardian, and one for children between 10 and 16 that gives them an element of financial independence. Benefits of both Yorkshire Bank Building Society children’s savings accounts include:
- Parental control or freedom for children between 10 and 16
- Tiered interest rates – the more you save the more you earn
- Regular statements
So, whatever age your child is, Yorkshire Bank Building Society children’s savings accounts should be able to help you educate them about the importance of careful money handling and saving.