Save on behalf of a child
You will manage the account as trustee for the child.
Start building a nest egg for your child's future
Whether saving for university, a deposit for their first home or just as a gift, a Children’s Savings Account is a great way to invest in their future.
You will manage the account as trustee for the child.
Deposit as little and as often as you want. Withdrawals are allowed but the funds must be used for the benefit of the designated child.
Only available in pound sterling.
After the child reaches 18, we’ll contact you to change the account to an adult Instant Access Savings Account.
You can save from as little as £1 up to a maximum of £1 million.
We offer a choice of locations so you can open your account in a jurisdiction that best suits your needs.
To open a Children's Savings Account, you must be a client of Barclays International Banking.
Here are the answers to some frequently asked questions about the Children's Savings Account
Balance |
Gross rate p.a. |
AER |
---|---|---|
£1+ |
0.01% |
0.01% |
£1,000+ |
0.45% |
0.45% |
Rates are effective 3 September 2018. Interest rate is paid monthly on the first day of the month.
Deposit amount |
Estimated value after a year |
---|---|
£1,000 |
£1,004.51 |
Yes, rates are variable. We can increase or decrease the interest rates as set out in ‘Barclays Bank Terms’. For more details on when we may change the interest rates and the notice that we’ll give you, please see our 'Barclays Bank Terms’ booklet which can be obtained from your usual contact point or viewed online on our terms and conditions page.
Yes, you’ll have instant access.
You can open an account by visiting us in branch or calling us. You can manage your account in branch, or using online, telephone banking or the Barclays app – provided you’re registered.
The adult will manage the account as trustee for the child.
After the child reaches 18, we will convert the account to an adult Instant Access Savings Account in your name. Before doing so, we'll contact you to tell you the terms that will apply to the instant access account - unless you advise us otherwise.
We’re ready to move, invest and preserve your wealth, so you can make the most of your world. Apply for a Barclays International Banking account today.
Instant access savings in multiple currencies
Our International Reserve account lets you save in sterling, euros or US dollars, helping you to make the most of your money.
Restricted access savings
If you don't need instant access to your money, you can make it work harder for you with a notice deposit account.