FirstSave

'I’d like to get my children into the savings habit. So they don't think that money doesn’t grow on trees! Can you help me to help my children save?'

You know what – I think we can! Take a look at our FirstSave account:

Key Features:

• Rate shown excludes bonus
• An account specially designed for young people up to 12 years old.
• The account can be opened with just £10.
• A free Penguin book when the account is opened.
• An interest bonus of 0.50% gross p.a. and a free Penguin book each bonus year if less than 3 withdrawals are made per year.
• Interest is paid annually.
• Your child will receive a special passbook so they can watch their money grow.

With a minimum opening deposit of just £10, it’s easy to start saving.

What does AER mean?
Every savings product that shows an interest rate must show the AER. It stands for Annual Equivalent Rate and shows what the interest would be if it were paid and added each year. We do this so you can compare our accounts more easily.

Account Opening Requirements:

Well, first of all we recommend that you look at the full product brochure, just to make sure that this is the savings account for you. After that, have a good look at the general terms & conditions - it will give you all of the information that you need to make the right decision.

Bradford and Bingley subscribe to the Banking Code, copies of which are available by request by visiting our Branches or telephoning our helpline.