Clydesdale Bank ups child account rate - Savings - News - Moneyfacts

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Clydesdale Bank ups child account rate

Clydesdale Bank ups child account rate

Category: Savings

Updated: 27/10/2010
First Published: 05/10/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Clydesdale Bank has increased the rate of interest paid on its child's account.

The five year Child Savings Bond now pays a rate of 4.25% (+0.25%), making it a market leader.

This increase is great news for parents looking to invest for their child's future.

As no earlier access or additions are permitted investors will need to be certain how much they can commit from the outset.

The product is also available from Yorkshire Bank.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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