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

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

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 It is now over 6 months old so the content may be out of date.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 Any products featured may be withdrawn by their provider or changed at any time.