Children's Savings

Yorkshire Building Society Childrens Saver Review

A competitive children's savings account from Yorkshire Building Society. It ranks 20th of 73 children's savings accounts we track.

Variable rate

3.55%AER

Account type
Easy access
Maximum age
17
Rate checked Oct 2026Got this account? Leave a review

Min balance

£1

Max balance

£100,000

Access

Unlimited withdrawals

Interest paid

Yearly

How It Stacks Up

Ranks 20th of 73

Children's savings accounts we track

Above average
This account 3.55%
UK CPI (Aug 2026)
3.10%
Pays 0.45% more
Average children's savings
2.92%
Pays 0.63% more
Best children's savings
5.50%
Pays 1.95% less

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

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Worth Weighing Up

  • Con: The rate is variable, so it can go down

Good to Know

£1 to £100,000. Interest added to the account yearly. Open to children up to 17.

Please verify all details with the provider – see our Disclaimer

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

What you could earn with Yorkshire Building Society's Childrens Saver.

Estimated interest

£1,000 saved

£35.50

At 3.55% AER

£5,000 saved

£178

At 3.55% AER

£10,000 saved

£355

At 3.55% AER

£100,000 saved

£3,550

At 3.55% 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 Yorkshire Building Society Childrens Saver

Jan WatermannCo-Founder, DepositScout

This account suits parents or grandparents looking for a straightforward, accessible home for a child's savings, with a 3.55% rate that sits just 0.45% above CPI inflation of 3.1% as of Aug 2026, so real returns are modest. I cannot say how it compares with the broader market from the data I have, but Earl Shilton Building Society's Young Saver pays 3.60%, which is worth a look. The genuine upside is unlimited withdrawals and a £1 minimum, though interest is only paid yearly rather than monthly.

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2 alternatives to Yorkshire Building Society's Childrens Saver

Same type of account, closest on rate.

Common questions about the Childrens Saver

D

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Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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