We’d all like our children to be good with money and get into the savings habit from an early age. That’s why our new First Saver account is designed to help children save and Pigby and friends are here to make it fun along the way. Opening a savings account is a great first step for children to learn how to be responsible with money.
Our First Saver account is available to children under 16. Accounts can be opened on behalf of a child, or if they are aged over 7, the account can be held in the child’s name with the consent of their parent or guardian.
There are lots of benefits to becoming a First Saver (not forgetting Pigby, of course!):
Open a First Saver account and your child will receive their very own free Pigbybank to help get them saving! Pigbybanks are strictly limited to one per account and are only available to new First Savers.
Pigby & Friends are here. Come and join in the fun and learn to save at the village fair. Explore fun stalls and play exciting games, there's loads to do.
We’d all like our children to be good with money and get into the savings habit from an early age. That’s why our new First Saver account is designed to help children save and Pigby and friends are here to make it fun along the way.
Lines open: Mon to Fri 9.00am-5.00pm (excluding public holidays). Calls may be recorded
|Balance||Gross Rate||AER (variable)|
|£0 - 25,000||1.00%||1.00%|
Interest paid quarterly
Last updated on: 20/12/13
What you should know:
Annual Equivalent Rate (AER)
This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.
This means the interest rate you are paid before the deduction of tax.
Full copies of the fees and terms and conditions that apply to our personal accounts can be downloaded from our terms and conditions page.