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Get the savings bug

Children’s savings accounts

Help your child get the savings bug

Accounts that can help your child or grandchild appreciate the benefits of savings.

Clydesdale Bank, Yorkshire Bank, B and Virgin Money are becoming one bank

In October 2018, Virgin Money plc (Virgin Money) joined forces with Clydesdale Bank PLC (Clydesdale). If you have any products with Virgin Money, we need you to read some information before you apply. This includes how your Financial Services Compensation Scheme (FSCS) protection could be affected.

Find out more (opens in a new window)

Jumpstart Savers Account

Available for children aged 6-16

Your child has:

  • Freedom to pay in and take out their money whenever they like
  • Their own debit card when they're 11 with agreement of parent, guardian, grandparent or other responsible adult
Find out more

Headstart Savers Account

Available for children aged 0-16

  • Interest rate linked to Bank of England base rate
  • Pay in as much or as little as you like
  • Withdraw cash by giving us 95 days' notice

Find out more

 

 

Financial Services Compensation Scheme (FSCS)

Protecting your money

Your eligible deposits with Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.

This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and B. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please see FSCS leaflet download (Opens in a new window) for further information or visit www.fscs.org.uk  

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