Child Savings Accounts

This week marks the 1st anniversary of Junior ISAs

Junior ISAs score higher returns than CTFs on 1st anniversary

This week is the first anniversary of Junior ISAs. They replaced child trust funds and according to the Share Centre they are producing much better returns.

New savings account for children unveiled

Clydesdale and Yorkshire Banks to launch children’s savers

Clydesdale and Yorkshire Banks are to release two new savings accounts for children. The Headstart and Jumpstart Savers will be available from Monday July 2.

Halifax tops Junior Cash ISA deals for family finances

The Halifax is offering a best-buy rate of six% for a Junior ISA if a parent invests in a Halifax Cash ISA that pays 2.6%. Combined both could receive 4.3% – well above top ISA rates.

Skipton launches new Leap account for children

Skipton Building Society has announced it has launched a new issue of its popular children's account Leap in order to help junior savers make the most of their money.

Halifax launches new Kids Fixed Saver range

Parents wanting to save for their children's future may be interested in the new Kids Fixed Saver range from Halifax.

Nationwide cuts personal loan rate to lowest in Britain

Nationwide has announced that it has cut the rate on its personal loan product to 6.1 per cent APR, the lowest the financial services provider has ever offered.

Low interest rates are discouraging parents from saving for their children

Which? reveals low interest rates for child savings accounts

Consumer group Which? has published a report that illustrates how low interest rates for child savings accounts discourages parents from saving on behalf of their children.