Kids Savings Bond (Issue 2) - No Longer Available
Open a 3 Year Fixed Term Kid's Savings Bond with Bradford & Bingley to guarantee your interest rate for three years - the branch savings account from Bradford & Bingley designed for young savers up to 16 years old.
Unfortunately this account is no longer available.
View our latest children's savings accounts here.
Summary Box - Key Product Information for our Savings Account.
Account Name:
Kids Savings Bond (Issue 2)
Interest Rates: (AERs)
6.00% gross p.a./AER, Fixed
The interest rate is guaranteed for 3 Years from the date of opening. On maturity the bond will mature into a Matured Bond account.
Tax Status:
Gross, until the child is eligible to pay tax
Conditions For Bonus Payment:
No Bonus
Withdrawal Arrangements:
No withdrawals permitted
Access:
Branch
View the general terms & conditions.
What does AER mean?
Every savings product that shows an interest rate must show the AER. It stands for Annual Equivalent Rate and shows what the interest would be if it were paid and added each year. We do this so you can compare our accounts more easily.
Bradford & Bingley subscribe to the Banking Code, copies of which are available on our website, in our branches or can be requested by phoning our helpline.
Important Information:
- Save between £100 and £25,000
- Interest is paid annually into your account on the first anniversary of opening, then every anniversary until maturity
- Bond only available to Children aged up to the age of 16 (15 years and 364 days)
- The Account can be opened in the childs or trustees name
6.00
% Gross
p.a./AER
p.a./AER
Latest Savings Products
or call us on 0845 600 8885* for an information pack
Product's Rate Detail
Kids Savings Bond (Issue 2)
| Balance | AER | AER† inc. bonus |
Gross p.a.% | Net p.a.% | Monthly Gross p.a.% |
Monthly Net p.a.% |
|---|---|---|---|---|---|---|
| £100+ | 6.00 | n/a | 6.00 | 4.80 | n/a | n/a |
Log in to your Online Savings Account Log in
Tools & Information
Bradford & Bingley's retail deposit business transferred to Abbey National plc on 29 September 2008.
Abbey National plc. Registered Office: Abbey National House, 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England. Telephone 0870 607 6000. Calls may be recorded or monitored. Authorised and regulated by the Financial Services Authority. FSA registration number 106054. Abbey and the flame logo are registered trademarks.
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