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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.

Other products and services are available at Virgin Money. Find out more. about Virgin Money savings products (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 held by a UK establishment of 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 Virgin Money. 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  

You can also refer to our FSCS Guide download (Opens in a new window) for more details.

You are here:  Personal Banking  >  Savings  >  Children's savings

You can find impartial information and guidance on money matters on the “Money advice service” website.
Yorkshire Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.

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