Piggy Bank

Savings & Investments

Childrens Accounts
Interest Rates and Key Features

Rates correct as at 24 February 2012
Limited issue rates effective from date shown by product name.

Our Affinity Accounts benefit clubs financially through an annual donation.

Click on the full details icon to see the full details of the account.

Young Investor 5 Year Fixed Rate Bond (Issue 4) Full Details
Investment % Gross§ p.a. /AER† (Fixed) Withdrawal Terms Payment of Interest
£100+
3.35
 All Account holders - Access is limited to withdrawals of up to 25% of your capital investment without notice or loss of interest prior to maturity (28 February 2017) subject to the minimum balance of £100 being maintained. Closure of the account or further withdrawals are not permitted until the day after maturity (1 March 2017).
Account holders aged 12 to 17 - In addition to the withdrawal restrictions applicable to all account holders, one withdrawal a week of up to £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £100 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory. Access is limited to withdrawals of up to 25% of your capital investment as detailed above.
Account holders under 12 - In addition to the withdrawal restrictions applicable to all account holders, all withdrawals must be signed for by the authorised signatory.		 Annual:
Interest is paid annually on 28 February (commencing 28 February 2013) and on maturity (28 February 2017).
Minimum investment and operating balance is £100. Maximum investment and operating balance is £1,000,000.
Child Trust Fund Bonus Saver Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£50 Voucher
1.80
The account will pay a rate of interest that is not less than 1% below the Bank of England Base Rate for the term. An additional bonus of 1.25% p.a. is payable if two further £600 annual contributions, one per year for the next two years, are made to the account between the account opening date and each of your child's next two birthday anniversaries. This bonus will be paid in addition to other interest payable on your child's birthday. The bonus is payable on the first and second birthday anniversaries from the account opening date, but not on any further birthday anniversaries.
 Access to funds is only available when the child is 18 years of age. Only the child can access the funds. Annual:
Interest is paid annually on the day before the child’s birthday.
Minimum investment is the £250 Government voucher, or the £50 Government voucher for children born on or after 2 August 2010. This must be used to open the account. Maximum investment is £3,600 per year in addition to the Government contribution.
Dinosaver Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
1.75
 Withdrawals must be made by the authorised signatory. Unlimited withdrawals can be made as long as the £10 minimum operating balance is maintained. Annual:
Interest is paid annually on 1 January.
Minimum investment and operating balance is £10. Maximum investment and operating balance is £1,000,000. Age Qualification: 0-11 years old inclusive to open an account. At 12 years old, your DinoSaver account will automatically change to the 12-17 year old account available at the time.
The Vault Full Details
Investment % Gross§ p.a.
/AER†% (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
1.75
 One withdrawal per week of up to £250 may be made by the account holder. Withdrawals over £250 and additional withdrawals in a week must be signed by both the account holder and the authorised signatory. Annual:
Interest is paid annually on 1 January.
Minimum investment and operating balance is £10. The maximum investment and operating balance is £1,000,000. Age Qualification: 12-17 years old inclusive to open an account. On your 18th birthday, we will transfer your account, including interest, to the Loyalty I-Save account.
Ronnie the Rhino (YoungSaver) Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
1.75
 Account holders aged 12 to 17 - One withdrawal a week of between £10 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £10 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory.
Account holders under 12 - Unlimited withdrawals of £10 and over may be made without notice or loss of interest, subject to the minimum operating balance of £10 being maintained. All withdrawals must be signed for by the authorised signatory.		 Annual:
Interest is paid annually on 30 June.
Minimum investment and operating balance is £10. Maximum investment and operating balance is £1,000,000. Ronnie the Rhino YoungSaver is available to Leeds Rhinos & Leeds Tykes Supporters under the age of 17. At 18, your account will automatically be transferred into our Blue & Amber account.
Junior Rovers (YoungSaver) Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
1.75
 Account holders aged 12 to 17 – One withdrawal a week of between £10 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £10 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory.
Account holders aged under 12 – Unlimited withdrawals of £10 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £10 being maintained. All withdrawals must be signed for by the authorised signatory		 Annual:
Interest is paid annually on 30 June.
Minimum investment and operating balance is £10. Maximum investment and operating balance is £1,000,000. Junior Rovers YoungSaver is available to Doncaster Rovers Supporters under the age of 17. At 18, your account will automatically be transferred into our Donny Rovers Saver account.
Junior Bantams (YoungSaver) Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
-
 Account holders aged 12 to 17 - One withdrawal a week of up to £250 may be made subject to the minimum operating balance of £100 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory. Account holders under 12 - Unlimited withdrawals of £10 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £100 being maintained. All withdrawals must be signed for by the authorised signatory. Annual:
Interest is paid annually on 30 June.
Minimum investment and operating balance is £10. Maximum investment and operating balance is £1,000,000. Junior Bantams YoungSaver is available to Bradford City Football Club Supporters under the age of 17. At 18, your account will automatically be transferred into our Bantams account.
Junior Vikings (YoungSaver) Full Details
Investment % Gross§ p.a.
/AER† (variable)		 Withdrawal Terms Payment of Interest
 
£10+
Current
Previous
1.50
1.75
 Account holders aged 12 to 17 – One withdrawal a week of between £100 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £10 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory.
Account holders under 12 – Unlimited withdrawals of £100 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £10 being maintained. All withdrawals must be signed for by the authorised signatory.		 Annual:
Interest is paid annually on 1 March.
Minimum investment and operating balance is £10. Maximum investment and operating balance is £1,000,000.
§ Gross means the rate of interest payable before the deduction of income tax at the rate specified by law. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future. † AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Leeds Building Society is a member of the Building Societies’ Association. The Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000, compensation may be available if the Society cannot meet its liabilities in respect of this product, please see the General Investment Terms and Conditions for full details.

The Society is covered by the Financial Ombudsman Service. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training). The Society's main business is the provision of savings products, mortgages and general insurance. The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992. You can check this on the FSA register by visiting the FSA website at www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.

Other taxes or costs may exist that are not paid by Leeds Building Society.

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