Danske Bank Junior Cash Isa - Danske Bank

Danske Bank Junior Cash Isa

Danske Bank
3.25 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 25 min initial deposit
£ 27,208 max balance
  • Open By:
High interest rate
Must be under 18 to open

About the account

Headline Interest Rate: 3.25 % AER
Headline Interest Balance: £ 25
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers are accepted from other providers.
Minimum Initial Deposit: £ 25
Date account was introduced: 01 Nov 2011
Date of last rate changed: 01 Nov 2011
Maximum rate change: 0.25 %

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are under 17 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£253.25%3.25%3.25%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually
Minimum Balance: £ 25
Maximum Balance: £ 27,208
Statement Frequency: each transaction
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals and closure not permitted before the investor's 18th birthday. Transfers out are permitted without notice or penalty.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No free withdrawals are allowed

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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