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Whether you want to open an account in your child’s name to put a little away to help when they're older, or for them to save their pocket money, we've got savings accounts that can help.
| Minimum to open | Annual Interest Rate | Bonus | Withdrawal Conditions | Account Access | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Children's West Brom Access Account | £1 |
up to 2.35% AER up to 2.35% Gross i
We’ll pay your interest once a year on 31 March and you’ll be able to access it from the next working day (this includes Saturdays). We can add it to your account or pay it into another account. |
No | You can take your money out at any time. You'll get a lower interest rate if you take your money out more than six times. |
In branch Once opened, you can manage this account in branch. Use our branch finder to find your nearest branch. |
Children's West Brom Access Account | ||||||||||||||||||||||
Important information
Gross interest is the rate of interest payable before the deduction of tax.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year.
Your eligible deposits are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.