Leeds Building Society has upped the rate on its five year fixed rate children's account.
Now paying 4.00%, its Young Investor Five Year Fixed Rate Bond is competitively priced in what is a very limited market.
Requiring a minimum investment of £100, the account also welcomes additional investments while the issue remains open.
Penalty free access is allowed to up to 25% of the amount invested, although no further withdrawals are then allowed.
Sure to appeal to the younger generation looking to save for the future, this account has been awarded four out of five Moneyfacts stars.
Find the best savings rates for you - Compare savings accounts
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.