Best junior Isa and children's savings rates: We list the top deals in our tables

  • The web's best savings tables
  • Completely independent and unique
  • Accounts with catches are stripped out or shown separately 
  • Compiled by savings expert Sylvia Morris  
  • Unlike other tables, providers do not have to pay to appear

By THIS IS MONEY

Updated:

JUNIOR CASH ISAS 
Bank/building society (min investment) % tax-free 
Bath BS (£1+) (3) 4.16 
Beverley BS (£1+) 4.00 
Leek United BS (£10+)  3.85 
Coventry BS (£1+) 3.75 
Darlington BS issue 2 (£1+) (1)  3.75 
Loughborough BS (£1+) 3.75  
Nottingham BS ( £1+) 3.75 
Swansea BS (£1+) (4)3.75 
National Savings & Investments (£1+)  3.55 
(1) For locals and existing members only  
(2) One year fixed rate bond   
(3) For those living or working in Bath . No transfers from existing Junior Isas accepted  
(4) For those living in Wales
CHILDREN'S ACCOUNTS
Type of account (min investment) 0% 20% 40% 
Kent Reliance Demelza children's account 8 (£10+) (2)4.183.342.51 
Coventry BS Young Saver (£1+) 4.003.22.4 
Swansea Young Saver (£1+) (1) 3.79 3.03 2.27 
Yorkshire BS Children's Saver (£1+) 3.552.84 2.13 
Principality BS Dylan Advanced Saver (£1+) (3)3.352.682.01 
Principality BS Gift Saver (£1+)(4)3.352.682.01 
Bath Building Society Junior Saver (£1+)3.32.641.98 
(1) Only available to those living within the society's branch network area 
(2) Plus annual donation to Demelza Hospice for Children 
(3) Only one withdrawal a year allowed  
(4) Only three withdrawals a year allowed  

CHILDREN'S FIXED-RATE ACCOUNTS 
Type of account (min investment) 0% 20% 40%
Halifax (£10+) (1) 5.5 4.4 3.3
(1) Regular savings of £10-£100 per month aimed at parents saving for children (up to the age 16). After 12 months the money is moved into another account. 

* Note: From April 2018, tax conversions will apply only to taxpayers living in England, Wales and Northern Ireland. Scottish taxpayers are subject to different income tax rates after this date.

Dear Reader,

These tables are unique on the web. They are independent and providers are not forced to pay to appear, which is typically the case at big comparison sites.

Independent savings expert: Sylvia Morris

Independent savings expert: Sylvia Morris

They are completely unbiased - we simply show the best rates around and don't do 'featured deals'.

We've gone a step further, too. To feature in the best buys on variable rate accounts in our savings tables, an account must give you easy access to your money and come with no hidden catches.

In the past we have refused to include accounts where the rate is boosted by a short-term bonus or those with over-restrictive conditions so you only earn the advertised rate if you make three or less withdrawals a year.

But with interest rates so low, most of today's best deals have some sort of clause built in, whether that's a bonus or a restriction on withdrawals.

For that reason, we've included decent bonuses as long as they last for at least 12 months. This is to avoid you having to switch your account too often when short-term bonuses run out.

If there is a restriction on withdrawals we have made this clear in the notes on each account.

We also ignore old-style 'notice' accounts where the bank or building society can demand you give up to six months' notice that you want to take our money out while it can change the rate at any time without warning.

All banks and building societies are registered with the Financial Services Authority and signed up to the Financial Services Compensation Scheme, either directly (protecting up to £120,000) or via its passport scheme (where the compensation limit depends on the bank's home country. In Europe it is €100,000).

If you have a question about the tables email sy.morris@dailymail.co.uk and editor@thisismoney.co.uk

Sylvia Morris

This is Money savings tables expert

 


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