Saffron Building Society Children's Regular Saver - Saffron Building Society

Saffron Building Society Children's Regular Saver

Saffron Building Society
4 % AER
Headline Interest Rate
Compensation Scheme
£ 5 min initial deposit
£ 1,200 max balance
  • Open By:
High interest rate
Must be under 15 to open

About the account

Headline Interest Rate: 4 % AER
Headline Interest Balance: £ 5
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 5
Date account was introduced: 01 Dec 2015

This account may be appropriate for you if

  • You are under 15 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
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: maturity
Minimum Balance: £ 1
Maximum Balance: £ 1,200
Statement Frequency: maturity
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.


Minimum Withdrawal: £ 1
Notice and Penalty Charge: no notice, penalty or charge
Free Withdrawal Conditions: all w/ds free
Minimum balance for instant access withdrawals 1
Transferred on Maturity: At maturity account will mature into Maturity Easy Access Account.


Trustee Types: This account can be opened on behalf of a child or as a formal trust, subject to the trust documents being submitted with the application.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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