Best kids savings account

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Best kids savings account

The top-rated savings accounts for the little savers. Assumes monthly deposits of $50 from age five to 17 inclusive.

Ranking	Product	Maximum rate	Company	Base rate	Maximum monthly interest	Total interest earned
1 1 position up today	Youth eSaver	1.00%	Compare	1.00%	$4.2	$95.3
2 1 position up today	Dynamo Kids Savings Account s24 *Make a minimum deposit of $20 per month with no withdrawals	1.80%*	Compare	0.50%	$7.5	$172.1
3 1 position up today	Kids Bonus Saver *Deposit at least $5 per month and make no withdrawals	0.30%*	Compare	0.15%	$1.3	$28.5
4 1 position up today	Smart Saver Account (Under 25)	1.80%	Compare	1.80%	$7.5	$172.1
5 1 position up today	Mighty Saver *Deposit a minimum of $10 and make no withdrawals during the month	1.55%*	Compare	0.10%	$6.5	$148.1
6 1 position up today	Mighty Saver *Deposit at least $10 a month and make no withdrawals during the month	1.55%*	Compare	0.10%	$6.5	$148.1
7 3 position down today	Life Saver	1.40%	Compare	1.40%	$5.8	$133.7
8 8 position down today	Mighty Saver *Deposit a minimum of $10 and make no withdrawals during the month	1.55%*	Compare	0.10%	$6.5	$148.1
9 1 position down today	Children's Savings Account *Bonus interest applies each month you make a deposit (of any amount) and no withdrawals	1.50%*	Compare	0.05%	$6.3	$143.3
10 1 position down today	Young Saver Account special Children’s savings account available to under 18’s only Gold Award Winner 2020	0.50%	Gold Award Winner 2020 Compare	0.50%	$2.1	$47.6
11 1 position down today	Young Saver Account Gold Award Winner 2020	0.50%	Gold Award Winner 2020 Compare	0.50%	$2.1	$47.6
12 1 position down today	Junior Savings	1.25%	Compare	1.25%	$5.2	$119.3
13 1 position up today	Young Saver Account *Deposit a minimum of $5 and make no withdrawals during the month	1.25%*	Compare	0.25%	$5.2	$119.3
14 1 position down today	Youthsaver Account *Make at least one deposit and no withdrawals each calendar month	1.00%*	Compare	0.10%	$4.2	$95.3
15 2 position down today	Bump Account *Make a deposit to the account, account balance is higher at the end than the beginning and account balance is above $0 at all times.	1.00%*	Compare	0.55%	$4.2	$95.3
16 1 position down today	Student Money Saver Account *Deposit at least $5 in a calendar month and make no more than 1 withdrawal that same month	1.00%*	Compare	0.01%	$4.2	$95.3
17 1 position down today	BU Savings Account	1.00%	Compare	1.00%	$4.2	$95.3
18 1 position down today	mySaver *Deposit $10 or more and make no withdrawals each month	1.25%*	Compare	0.01%	$5.2	$119.3
19 1 position down today	Reward Saver Kick Start *Deposit at least $20 a month and make no withdrawals	0.65%*	Compare	-	$2.7	$61.9
20 1 position down today	First Saver	0.75%	Compare	0.75%	$3.1	$71.4

Data last updated on 23 Oct 2020

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