Coventry Building Society

Young Saver

  • Children's savings
  • Variable rate
  • Interest paid monthly

The stored rate applies up to £5,000.

What you'd earn in a year

If you save

Interest at 4.00% AER on up to £5,000
£200.00
About
£200.00

Before tax: about £200 a year on £5,000. Information only, not a recommendation.

Is my money safe?

FSCS protected: up to £120,000 per person, per banking licence.

This account is on the Coventry Building Society licence.

Legal name: Coventry Building Society.

Check protection on the FSCS website ↗ (opens in a new tab)

Key facts

Money in and out

Minimum deposit
£1
Maximum
£5,000
Withdrawals
Unlimited withdrawals
Manage
Branch

Interest

Rate
4.00% AER variable
Gross rate
3.93%
Interest paid
Monthly

Who can open it

Residency
Age 7 to 17. UK resident

Source: coventrybuildingsociety.co.uk · Last verified 17 Oct 2026, 09:38 UK time

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