Selecting the right bank account for your child

Having their own bank account can help children to understand money better. They can usually open a current account from the age of 11. It gives them the chance to learn about the world of money, interest and saving for the things they want.

What are the features and benefits of youth accounts?

Children under 16 years old must have a parent or guardian with them to open an account, or if they want to apply for extra services. 

Their own debit and cash cards

A youth account may come with a contactless Visa debit card, for buying things online or in shops. It’s also possible to request a Cashpoint® card, so children can withdraw their money from cash machines.

Under 16s, need a parent’s permission to register and use both Internet Banking and the app.

Using the account

There are no arranged overdrafts offered with youth accounts, so your child can only spend what they have.

The Mobile Banking app means your child can see how much they have in their account and get balance notifications.

From the age of 18, youth accounts (along with the account balance) usually transfer to an adult current account, unless otherwise instructed.

Seeing their money grow

Your child can earn interest on their money, either in their current account or in a savings account.

Our Children’s Saver is for an adult to save for a child aged 15 or under. It’s a variable interest account with instant access to the savings whenever they’re needed.

The Junior Cash ISA is a tax-free children’s account. Lock away savings for them to access once they reach their 18th birthday.

Compare youth and student accounts

Explore our full range of current accounts and savings accounts for children, teens and students.

Youth and student accounts

Related content

Saving for your child’s future

Understand the different options to save for your child's future, including those offered by Bank of Scotland.

Saving options for children

Learn how to keep your money safe

The more you learn about money, the healthier and safer your accounts are likely to be.

Learn about money

To use the Mobile Banking app, you need a valid phone number registered to your account. You can either use your Internet Banking details to log in or you can register for the first time in the app. Our app is available to iOS and Android users only and minimum operating systems apply, so check the App Store or Google Play for details. Device registration required. The app doesn't work on jailbroken or rooted devices. Terms and conditions apply.