Bank accounts Children's bank accounts

Young boy putting coins into piggy bank

Most banks will allow children aged 11+ to open an account

The table shows the range of children's bank accounts offered by banks and building societies in the UK. 

A score has been applied to each account based on the features we think are most important, including credit interest (weighted on tiered balances up to £2,500), debit or cash card available,option to set-up standing orders/direct debits and incentives. 

The table is split into two categories - minimum age 7 to 11 and minimum age 16+.

Make sure to take a look at our reviews of children's savings accounts as well.

 
Children's bank accounts
ProviderAge bands (years)Credit interest rateDirect debits and standing ordersCash cardDebit cardCheque bookProduct score
Minimum age 7 to 11 years
Bank of Scotland Under 19s Account11 to 152.50 [a]YesYesYesNo80%
Lloyds BankUnder 19s Account11 to 152.50 [a]YesYesYesNo80%
TSB Under 19s Account11 to 152.50 [a]YesYesYesNo80%
Santander  Youth Account11 to 153.00 [b] [c]YesYesYesNo75%
Co-operative Bank Bonus Account [d]7 to 180.25Yes [l]YesNoNo61%
NatWest  Adapt [e]11 to 181.00NoNoYesNo59%
Northern Bank (NI) Discovery11 to 170.10YesYesYesNo58%
Royal Bank of Scotland Revolve [e]11 to 180.55NoNoYesNo51%
HSBC  MyAccount [f]11 to 170.00YesYesYesYes [g]50%
Barclays BarclaysPlus [h]11 to 150.25See [j]YesYesNo48%
Ulster Bank (NI) Adapt11 to 180.00NoNoYesNo31%
Minimum age 16 up to 19 years
Bank of Scotland Under 19s Account [k]16 to 182.50 [a]YesYesYesYes93%
Lloyds Bank Under 19s Account [k]16 to 182.50 [a]YesYesYesYes93%
TSB Under 19s Account [k]16 to 182.50 [a]YesYesYesYes93%
Santander Youth Account16 to 183.00 [b] [c]YesYesYesYes75%
Halifax Cardcash16 to 171.51YesYesYesNo73%
Nationwide BS  FlexAccount Youth16 to 180.00YesYesYesYes50%
Barclays  Young Persons Account16 to 190.00YesYesYesYes50%

Table notes

  1. 0.1% paid on portion of balance above £2,500
  2. To be eligible for the credit interest rate the customer must pay any amount into their account at least once a month.
  3. No interest is paid on any amount over £500, or on the whole balance if the customer does not make a payment into their account each month)
  4. Born Free gifts at key stages of a/c. Bonus paid per year if balance average £50. Up to 12 years - £2  13 - 18 years - £10.
  5. Discounts at top retailers and discounted railcard
  6. As part of a package with MySavings which can be opened by a child from the age of 7
  7. On request from age 16
  8. Tied to another product with Barclays
  9. Direct debits and standing orders into account only
  10. For over 17s - Save £36 on AA driving lessons and receive a free ‘Pass Your Test’ CD-ROM worth £19.99. After passing your test save a further £20 off Pass Plus
  11. Not direct debits

More on this...

Which Ltd is an Introducer Appointed Representative of Which? Financial Services Ltd, which is authorised and regulated by the Financial Conduct Authority. Which? Mortgage Advisers, Which? Insurance Advisers and Which? Money Compare are trading names of Which? Financial Services Limited.