Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Anniversary
How It Stacks Up
Ranks 17th of 74
Children's savings accounts we track
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.55% more
- Average children's savings
- 2.92%
- Pays 0.73% more
- Best children's savings
- 5.00%
- Pays 1.35% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
This account earns interest daily and it's added to the account the day before the anniversary of account opening and on the child's 18th birthday. There is no monthly interest option available.
Please verify all details with the provider – see our Disclaimer
See all Skipton Building Society accounts