One of the best-paying children's savings accounts, from Bank of Ceylon (UK). It ranks 9th of 84 children's savings accounts we track.
Headline rate
4.25%AER
Min balance
£0
Max balance
No limit
Ranks 9th of 84
Children's savings accounts we track
Inflation: ONS. Averages and best rates: accounts on DepositScout.
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See all Bank of Ceylon (UK) accountsWhat you could earn with Bank of Ceylon (UK)'s Junior Saver Account.
Estimated interest
£1,000 saved
£42.50
At 4.25% AER
£5,000 saved
£212
At 4.25% AER
£10,000 saved
£425
At 4.25% AER
£50,000 saved
£2,125
At 4.25% AER
Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.
The Bank of Ceylon (UK) Junior Saver Account pays 4.25%, which beats August 2026 CPI of 3.1% by 1.15%, so the money does at least grow in real terms. Because market data is not available, I cannot say where this sits against the wider children's savings market, so I would still check alternatives such as Kent Reliance's Demelza Children's Savings Account at 4.18% before deciding. The account has no published minimum or maximum balance, no detail on access or how interest is paid, and no transfer-in information, which means you will need to contact the provider directly to confirm the practical terms.
Same type of account, closest on rate.
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