Children's Savings

Newbury Building Society Young Saver Review

A children's savings account from Newbury Building Society. It ranks 37th of 73 children's savings accounts we track.

Headline rate

2.85%AER

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

Min balance

£1

Max balance

No limit

Access

Instant

Interest paid

Yearly

How It Stacks Up

Ranks 37th of 73

Children's savings accounts we track

Just below average
This account 2.85%
UK CPI (Aug 2026)
3.10%
Pays 0.25% less
Average children's savings
2.92%
Pays 0.07% less
Best children's savings
5.50%
Pays 2.65% less

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

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A Good Fit For

  • Pro: Savers who want instant access

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Estimated returns with Newbury Building Society's Children's Savings

What you could earn with Newbury Building Society's Young Saver.

Estimated interest

£1,000 saved

£28.50

At 2.85% AER

£5,000 saved

£142

At 2.85% AER

£10,000 saved

£285

At 2.85% AER

£50,000 saved

£1,425

At 2.85% 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 Newbury Building Society Young Saver

Jonny PeaseCo-Founder, DepositScout

The Newbury Building Society Young Saver pays 2.85% on instant-access children's savings, opening with as little as £1, which makes it accessible for parents or grandparents starting small. I cannot compare it with the broader market from the data I have, but at 0.25% below CPI inflation of 3.1% (Aug 2026), the real return is slightly negative. Nationwide's Children's Future Saver and Cumberland's Young Cumberland Blues both sit just behind at 2.80%, so Newbury holds a modest edge over those close alternatives.

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2 alternatives to Newbury Building Society's Young Saver

Same type of account, closest on rate.

Common questions about the Young Saver

D

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Easy Access rate just dropped

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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