Northern Rock does it for the kids - Savings - News - Moneyfacts

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Northern Rock does it for the kids

Northern Rock does it for the kids

Category: Savings

Updated: 25/01/2011
First Published: 16/04/2010

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 It is now over 6 months old so the content may be out of date.
Northern Rock has turned its focus on the younger generation with the launch of a children's savings account.

Aimed at parents and guardians who wish to maintain some control over their children's spending, whilst teaching them the basics of finance, Little Rock Instant Access savings account pays a market leading 3.00%.

As an instant access branch based savings account requiring a minimum investment of £1, it is only available to kids under the age of 16.

The account must be opened with an adult named as trustee and the adult must be present for the child to make withdrawals.

We've awarded Northern Rock's Little Rock Instant Access children savings account Four out of five Moneyfacts stars as a reward.

Find the best savings rates for your child - Compare savings accounts

Read our Changes to Child Trust Funds Guide

Download FREE Child Savings Plan brochures

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 Any products featured may be withdrawn by their provider or changed at any time.

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