Children's Savings

Hanley Economic BS Young Saver Review

A children's savings account from Hanley Economic BS. It ranks 70th of 73 children's savings accounts we track.

Variable rate

1.40%AER

Account type
Easy access
Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

No limit

Access

Instant

Interest paid

Annually

How It Stacks Up

Ranks 70th of 73

Children's savings accounts we track

Well below average
This account 1.40%
UK CPI (Aug 2026)
3.10%
Pays 1.70% less
Average children's savings
2.92%
Pays 1.52% less
Best children's savings
5.50%
Pays 4.10% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

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Pros and cons

  • Pro: Savers who want instant access
  • Con: The rate is variable, so it can go down

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Estimated returns with Hanley Economic BS' Children's Savings

What you could earn with Hanley Economic BS's Young Saver.

Estimated interest

£1,000 saved

£14.00

At 1.4% AER

£5,000 saved

£70.00

At 1.4% AER

£10,000 saved

£140

At 1.4% AER

£50,000 saved

£700

At 1.4% 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.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Hanley Economic BS Young Saver

Jonny PeaseCo-Founder, DepositScout

Hanley Economic BS's Young Saver pays 1.4% on instant-access children's savings, which opens with as little as £1, making it accessible for parents or grandparents starting small. With no market comparison data supplied I cannot say where it sits in the wider children's savings landscape, though I would note Chorley Building Society's Children's Regular Saver is listed at 1.50% if you want to shop around. The main concern is that 1.4% sits 1.70% below CPI inflation of 3.1% as of Aug 2026, so the real value of the pot is quietly eroding over time.

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Common questions about the Young Saver

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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