Choosing a bank account for your child

Children can usually have a current account from around the age of 11. It can help children get used to money and appreciate the importance of budgeting.

Features of child bank accounts

  • Debit and cash card.
  • No overdraft facility - your child can only spend money in the account.
  • Mobile Banking app.
  • Credit interest paid on savings.

Youth current account features and benefits

A parent or guardian can open an account for a child if they are under 16-years old.

 

With Smart Start, a young person gets two accounts

  • A Spending Account that works just like a current account with a debit card to use in shops, online or at a Cashpoint®
  • A Saving Account to help them get into the habit of saving regularly.

 

Help grow their confidence and manage their own money

  • Oversight of their accounts through the parent or legal guardian's Internet Banking or the Mobile Banking app.
  • Tips and advice on spending, saving and keeping their money safe.

Banking in their pocket with their smartphone

  • Use the Mobile Banking app and Internet Banking to keep track of their money.
  • Apple or Google Pay for their everyday transactions (age restrictions apply).
 
Woman and child with laptop

Looking for more

We have more information available if you are looking to open a current account.

Current accounts

Youth and student accounts

Compare our full range of spending and savings accounts for children and students.

 

Smart Start

Our spending and savings account for 11-to-15-year-olds.

  • Parental oversight of account.
  • Contactless debit card to give independence.
  • Mobile Banking app.
Smart Start accounts

Under 19s Account

Everyday banking allowing children and teens to make the most of their money.

  • Contactless debit card
  • Mobile Banking app
  • Credit Interest
Under 19s account

Student Account

An account that helps keep on top of your finances so you can focus on your studies.

  • Contactless debit card
  • Mobile Banking app
  • Overdraft facility available

Arranged overdrafts are subject to application and approval and repayable in demand.

Student Account

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