The Young Savers account
How to start saving
The best way to open a Young Saver account is through our mobile messaging app.
A Young Savers account is completely free – everything that you deposit will go straight into the Young Savers account.
You can deposit as much or as little as you like through bank transfer.
Get started with our mobile app and build toward their future…
We're proud of it because...
- We give a free piggy bank to each Young Saver - it's a fun way to grow their savings
- The account is easy to take part in
- It develops a savings mindset
- It improves the life chances of our local young people
What you need to know about the Young Savers account
- A nominated adult can open the Young Saver account on behalf of the child
- You'll need both yours and the Young Saver's ID
- There are no fees to open or use this account
- The nominated adult can withdraw the savings on behalf of the child
- Once the young person turns 16 they will have full control over the account
- We have a Christmas Club just for Young Savers
- The Young Saver account is protected by the Financial Services Compensation Scheme
