Best children's savings accounts
Chorley Building Society offer children’s savings accounts. Choose from easy access or accounts where withdrawals are limited. Chorley Building Society children’s savings accounts can be opened with just £1. Chorley Building...
At Smart Money People we want to make it easy to compare your financial product options with our approach to rankings.
We use a combination of data from the reviews we receive to calculate our rankings. This includes the 1-5 star ratings given by reviewers, when the reviews were left on our site and other insightful data from the reviews.
It’s important to us that all our rankings are fair and consistent in the way they’re calculated. That’s why every financial product featured on our site is ranked in the same way using our own unique algorithm.
Don't see your company?
Sign up and claim your business listing to start managing reviews and getting customer insights
Compare other savings, isas & investing providers
Frequently asked questions
-
How do child savings accounts work?
-
Child savings accounts work similarly to regular savings accounts for adults. Money can be deposited into the account and earns interest over time. The money in the account legally belongs to the child, who can manage the account themselves from an age specified by the account provider.
-
Can a child have more than one savings account?
-
Yes, a child can have more than one savings account registered in their name. Most providers set a limit of two accounts per child.
-
Can a grandparent open a child savings account?
-
Yes, a grandparent can open a savings account for their grandchildren, provided it's not a Junior ISA. They'll need to submit some documentation including the child's birth certificate. Parents and guardians can also open savings accounts for their children.
Best children's savings accounts
Compare the best children's savings accounts, backed by real customer reviews. Whether you're teaching your child good money habits or saving for their future, authentic customer reviews offer valuable insights into interest rates, account features, and accessibility. Make confident, well-informed decisions with the help of real experiences from parents and guardians who have successfully opened and managed children's savings accounts.
News, guides and insights from our team
View more news and guides.jpg)
.jpg)