Compare children's and youth accounts
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Read from each issuer's own pages · The oldest figure here was read 10 days ago.The oldest figure here was read 10 days ago. Providers change fees without telling us, so check the provider's page, linked on every row, before acting on it.How we compare
4 of 4 accounts
NatWest
Ages 11 to 17. A child aged 11 to 15 needs an adult to open it; a 16 or 17 year old can open it online themselves.
No fees and no overdraft. A Rooster Card is £19.99 a year or £1.99 a month for non-NatWest customers and free for NatWest customers, up to three cards.
1.60% AER / 1.59% gross p.a. (variable) on the account balance, calculated daily and paid monthly.
None.
A contactless debit card comes with the account; a Rooster Card is available for ages 6 to 17.
In the week of the holder's 18th birthday NatWest changes the Adapt account to an adult Select account; all account details and balances stay the same (natwest.com children's accounts, read 2026-10-16).
Barclays
BarclayPlus is for ages 11 to 15.
No monthly fee published.
The Children's Savings account pays 2.27% AER / 2.25% gross p.a. (variable) on £1 to £10,000 and 0.85% AER / 0.85% gross on amounts over £10,000, from 11 March 2026.
None; the rate is banded by balance.
The account comes with a personalised debit or cash card and access to the BarclayPlus app.
Barclays lists BarclayPlus for ages 11 to 15 and Young Person’s Account for ages 16 to 17 as separate products (https://www.barclays.co.uk/current-accounts/childrens-bank-account/, read 2026-10-16); the Children’s Savings account can be held until 18, when it converts to an adult instant-access savings account (https://www.barclays.co.uk/content/dam/documents/personal/savings/childrens-additional-terms.pdf, read 2026-10-16).
HSBC UK
Ages 7 to 17.
No monthly fee published.
3.75% AER / 3.69% gross p.a. (variable) on balances up to £3,000; 1.10% AER / 1.09% gross p.a. on balances over £3,000. Interest is calculated daily and paid monthly.
None; only the part of the balance above £3,000 earns the lower rate.
MyMoney pairs MySavings from age 7 with MyAccount from age 11, subject to eligibility.
Read the account terms for what happens when the child turns 18.
Santander UK
Ages 0 to 17. Under 13 the account is opened in trust by an adult; from 13 to 17 the young person opens and manages it themselves. The account can be kept until 19.
No monthly fee.
1.00% AER / 1.00% gross p.a. (variable) on balances up to £999.99 (the Key Facts document notes 1.00% AER is equivalent to 0.995% gross); 2.00% AER / 1.98% gross on £1,000 to £1,499.99; 3.00% AER / 2.96% gross on £1,500 to £2,000. No interest is paid on amounts over £2,000. Interest is paid monthly.
None; the rate is banded by balance.
A debit card is available from age 11; the holder can choose a debit card or a cash card, and no card is issued on an account still held in trust (santander.co.uk 1|2|3 Mini Current Account and its Key Facts Document, read 2026-10-16).
If the account is still held in trust at 18 the interest rate changes to 0.10% AER/gross (variable), and the account cannot be transferred to another Santander account; the young person can apply for an adult current account. For an account held in their own name, if they do not apply to transfer before turning 19, Santander automatically transfers it to an adult current account within three months after their birthday, with at least two months' notice.