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Now your child has got their Smart Start accounts, let’s get them set up so they can start using them. We have tools and tips to help you support your child get the most out of their new accounts.
*For children under the age of 13, a parent or legal guardian will need to use ‘Family Sharing’ for Apple devices, or ‘Family Link’ for Android devices, to approve the app download.
Sit down with your child and ask them to think about what they want to buy.
Encourage them to consider when they want to buy it and how much they would need to save.
Use the savings calculator to help them plan.
Discuss setting up a regular standing order with your child. By doing this, they can transfer any left-over spending money into their Savings account each month.
Set up Save the Change® so that every time your child spends on their debit card, we’ll round it up to the nearest pound. Their ‘change’ will move into their Smart Savings account.
Show your child how to view spending insights. This will help them learn where their money goes each month. They might be able to spot patterns and see where they could save money.
Yes, if your child receives a cheque, they can pay it into their account. They won’t get a cheque book with Smart Start accounts though.
Protecting your and your child’s personal information online matters to us. This is why we want you to understand how we’ll use your information and what rights you have.
A DPN details the ways we collect, use and share your data.
Read about how we use your data (PDF, 45KB).
Websites send small files called cookies to your computer, phone or tablet when you visit them.
Your device keeps cookies and sends them back to the website when you visit again. Cookies collect data, such as your choices and other details.
We need cookies to run our website and keep it secure. They help us know who you are so that you can log in and manage your accounts.
They also help us keep your details safe and private.
Their Smart Spending account will change to a Classic Account nd their Smart Savings account will change to an Access Saver.
Your child will need to confirm their identity before they turn 18 for this to happen.
It’s simple to add their ID in our mobile banking app. If they don’t do this, we’ll close their Smart Start accounts.