Saving for children
Help your children grow up to be savvy savers
Children need no lessons on how to spend money, but they can learn how to save it.
At a glance - saving for children
- Start teaching your children how to save from an early age
- Teach your children the value of money by giving them pocket money
- Encourage your children to start saving with an under-16s Savings account or under-19s Bank account.
Good saving habits introduced early will last your children a lifetime.
Getting pocket money can help start children on the road to understanding the value of money. It teaches them whether to spend it all straight away or save up for something special by putting something away regularly.
Important legal information
Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).
Telephone calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.