Savings
Help them learn to save
Our Children's Savings Account is designed to introduce young people to the world of saving. With parental controls and a competitive interest rate, it is a great way to help your child develop good financial habits.
Available for children aged 0 to 17 with a competitive interest rate
Open with just £1 – a great gift idea for birthdays and milestones
Parental controls let you manage the account until they are ready
Competitive rates
Up to 5.10% AER
FSCS protected
Up to £85,000
Easy access
No notice required
Manage in-app
Save on the go
Key features & benefits
Everything you need to know about children's savings account
Available for children aged 0 to 17 with a competitive interest rate
Open with just £1 – a great gift idea for birthdays and milestones
Parental controls let you manage the account until they are ready
Children aged 7 and over can manage the account themselves with your permission
Withdrawals available so your child can learn about spending and saving
Protected by the Financial Services Compensation Scheme up to £85,000
How to get started
Apply in a few simple steps
Check eligibility
Answer a few quick questions online. It only takes a couple of minutes and will not affect your credit score.
Complete your application
Provide your details and submit your application securely. We will verify your identity and review your information.
You're all set
Once approved, manage everything through our app and online banking. Get started straight away.
Your money is safe with us
NexusBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Your eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme.
FCA regulated
Firm ref: 123456
FSCS protected
Up to £85,000
Secure banking
256-bit encryption
Fraud monitoring
24/7 protection
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Ready to get started?
Apply online today or get in touch with our team to learn more. It takes just a few minutes and there is no obligation.
NexusBank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 123456). Registered in England and Wales (No. 1234567). Registered office: 1 Nexus Square, London EC2A 1BB.