Children's Regular Savings Plan
A simple and affordable way to save for a child you care about
Children's Regular Savings Plan is a great way to save in addition to a child's Tax Exempt Savings Plan allowance. Plans start from £5 a month or £50 annually.
This plan is designed for you to save monthly or annual amounts over the longer term. Choose how long you want to save (between 10 and 25 years) and once the child's plan hits maturity, you'll be provided with a guaranteed final amount, plus the addition of any possible annual and final bonuses.
Please be aware that a surrender penalty will apply if cashed in before maturity.
Anyone can have a plan or have several plans, a great option for you to save for a child, as well as yourself. Children's Regular Savings Plan gives you the ability to save over and above the £25 per month tax exempt allowance.
This plan provides a guarantee on maturity and the potential to earn annual and final bonuses and to receive a better return than a cash savings account in the longer term - win-win!
Start saving now for a child's financial future.