Bank accounts: Children's bank accounts
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.
Find out more: - nine ways to build a nest egg
|Children's bank accounts|
|Provider||Age bands (years)||Credit interest rate||Direct debits and standing orders||Cash card||Debit card||Cheque book||Product score|
|Minimum age 11 years|
|Nationwide BS FlexOne [a]||11 to 17||1.00||Yes||Yes||Yes||No||80%|
|Santander 123 Mini Current||11 to 18||3.00 [b]||Yes||Yes||Yes||No||78%|
|Bank of Scotland Under 19s Account||11 to 15||2.50 [c]||Yes||Yes||Yes||No||71%|
|Lloyds BankUnder 19s Account||11 to 15||2.50 [c]||Yes||Yes||Yes||No||71%|
|TSB Under 19s Account||11 to 15||2.50 [c]||Yes||Yes||Yes||No||71%|
|NatWest Adapt [d]||11 to 18||1.00||No||No||Yes||No||63%|
|Royal Bank of Scotland Revolve [d]||11 to 18||0.55||No||No||Yes||No||57%|
|Danske Bank Discovery||11 to 17||0.00||Yes||Yes||Yes||No||44%|
|HSBC MyAccount [e]||11 to 17||0.00||Yes||Yes||Yes||Yes [f]||44%|
|Barclays BarclaysPlus [g]||11 to 15||0.25 - 0.75||See [h]||Yes||Yes||No||43%|
|Ulster Bank (NI) Adapt||11 to 18||0.00||No||No||Yes||No||28%|
|Minimum age 16 up to 19 years|
|Bank of Scotland Under 19s Account [i]||16 to 18||2.50 [c]||Yes||Yes||Yes||Yes||93%|
|Lloyds Bank Under 19s Account [i]||16 to 18||2.50 [c]||Yes||Yes||Yes||Yes||93%|
|TSB Under 19s Account [i]||16 to 18||2.50 [c]||Yes||Yes||Yes||Yes||93%|
|Halifax Cardcash||16 to 17||1.51||Yes||Yes||Yes||No||64%|
|Clydesdale Bank Current Account Plus||16 to 17||0.00||Yes||Yes||Yes||Yes||50%|
|Yorkshire Bank Current Account Plus||16 to 17||0.00||Yes||Yes||Yes||Yes||50%|
|Barclays Young Persons Account||16 to 19||0.00||Yes||Yes||Yes||Yes||44%|
- Get 25% off at Vue Cinemas. 12-months cinema reward for You + One
- No interest is paid on any amount over £2,000
- 0.1% paid on portion of balance above £2,500
- Discounts at top retailers and discounted railcard
- As part of a package with MySavings which can be opened by a child from the age of 7
- On request from age 16
- Tied to another product with Barclays
- Direct debits and standing orders into account only
- 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
This table is correct at October 2015.
Which? Limited (registered in England and Wales number 00677665) is an Introducer Appointed Representative of Which? Financial Services Limited (registered in England and Wales number 07239342). Which? Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN 527029). Which? Mortgage Advisers and Which? Money Compare are trading names of Which? Financial Services Limited. Registered office: 2 Marylebone Road, London NW1 4DF.