Castle & Crystal understand how important it is to educate children about the responsibilities associated with money management. This is why we created a Junior Savings account.
A junior account is for children from birth up to 16 years old.
All we need is a adult trustee on the account to manage the account on the child’s behalf, along with a passport, birth certificate or medical card for the child.
Benefits of a junior savings account
- The account earns the same annual dividend as our regular savings account.
- Adult savers can save for children on their behalf by taking a deduction from your payroll, benefits or by standing order from your bank.
- You do not need to be a member yourself to set up an account for a child, anyone can set one up whether you’re a parent, carer, grandparent etc.
Interested in Junior savings? Download an application form now…