Before you apply
- Only for people living in Northern Ireland if they are a new Danske customer.
- The money belongs to the child and can't be withdrawn until they turn 18. They can manage the account from 16.
What you'd earn in a year
If you save
- Interest at 3.75% AER
- £188.00
- About
- £188.00
Before tax: about £188 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 Northern Bank Limited (FRN 122261) licence.
Legal name: Northern Bank Limited (FRN 122261).
Check protection on the FSCS website ↗ (opens in a new tab)Key facts
Money in and out
- Minimum deposit
- £25
- Transfers in
- Yes
- Withdrawals
- Not until the child turns 18
- Manage
- Branch
Interest
- Rate
- 3.75% AER variable
- Gross rate
- 3.75%
- Interest paid
- Annually
Who can open it
- Requirement
- Only for people living in Northern Ireland if they are a new Danske customer
- Residency
- Age 0 to 17. UK resident. Region: Northern Ireland
- ISA
- Junior ISA · not flexible · transfers in
New money limited to the £9,000 yearly Junior ISA allowance.
Source: danskebank.co.uk · Last verified 17 Oct 2026, 09:38 UK time
Rate history
We started tracking this account on 15 Oct 2026. Further changes will show here.
Similar accounts
FlexOne SaverNationwide Building Society · Needs a Nationwide FlexOne current account5.00% AERBranch-only Demelza Children's Savings Account - Issue 11Kent Reliance4.18% AERJunior Cash ISABath Building Society · Only for people living in Bath (BA1 and BA2), or whose parent has been a customer for 12 months4.15% AERSee all children's savings accounts →
Don't miss a better rate
We will email you if a higher comparable rate appears. Two separate choices. Neither is ticked for you.