Dunfermline BS has given young savers a reason to be cheerful with the third issue of its Children's Savings Bond.
A fixed term account maturing 31 January 2014, it pays 5.00% yearly (21.55% on maturity) to make it a market leading fixed rate offering and one of the best children's bonds around.
Requiring a minimum investment of £100, the account must be opened by an adult aged 16 or over on behalf of a child who will be under 19 when the bond comes to mature.
Further additions are allowed while the issue remains open, but early access is forbidden, making it essential investors can afford to commit the funds for the full term in question.
This child savings bond is an excellent all round offering and earns four out five Moneyfacts stars as a reward.
Read our Changes to Child Trust Funds GuideDownload FREE Child Savings Plan brochures
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