Nationwide Building Society

Children's Future Saver

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

Adult 18+ with parental responsibility, living with the child at least some of the time (bare trust, one per child)

Before you apply

  1. 1 withdrawals a year.

What you'd earn in a year

If you save

Interest at 2.80% AER
£140.00
About
£140.00

Before tax: about £140 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 Nationwide Building Society licence.

Legal name: Nationwide Building Society.

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

Key facts

Money in and out

Withdrawals
1 withdrawals a year
Manage
Branch

Interest

Rate
2.80% AER variable
Gross rate
2.80%
Interest paid
Annually

Who can open it

Residency
Age 0 to 17. UK resident

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

Don't miss a better rate

We will email you if a higher comparable rate appears. Two separate choices. Neither is ticked for you.

We email a confirmation link before anything is sent. Privacy
Read customer reviews on Trustpilot ↗ (opens in a new tab)

Report a wrong rate

We'll only use your email to reply about this report. Privacy

The ClearRates weekly

Catch every sunny spell.

One short email a week with the brightest new savings rates, straight from Sunny. No spam, no storms.

Free. Unsubscribe any time. We email a confirmation link before the weekly starts. Privacy