New account from Northern Rock is child’s play - Savings - News - Moneyfacts


New account from Northern Rock is child’s play

New account from Northern Rock is child’s play

Category: Savings

Updated: 27/10/2010
First Published: 03/08/2010

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 It is now over 6 months old so the content may be out of date.

Northern Rock has delivered a boost to the children's savings market with the launch of a new fixed rate bond.

The Little Rock Fixed Rate Bond is a fixed term account that matures on 1 September 2013, paying a yearly rate of 5.00% (4.70% monthly).

No early access is permitted, although additions can be made whilst the issue remains open.

Holders must have an adult named as a trustee.

This bond should prove popular with parents wishing to invest for their child's future and four out of five Moneyfacts stars are well deserved.

Click here to see our Childrens Accounts Best Buy Table

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!