Our Junior Saver account is a great way to teach your little one all about how a savings account works.
- A variable rate of interest
- Access your money whenever you like via any of our branches
- Just £1 to open
- Receive your interest once a year
- Open to young people under the age of 18
Rates available up to: 1.50 % Find out more
Account access: Easy access
Junior Saver (Issue 6)
|What is the interest rate?:||
Rates effective from 5 September 2018
Interest earned daily and paid annually on 31 March.
|Can Marsden Building Society change the rate?:||
The interest rate is variable so we can increase or decrease the rate at any time.
|What would the estimated balance be after 12 months based on £1,000 deposit?:||
If you saved £1,000 the estimated balance after 12 months would be £1,015.00.
|How do I open and manage my account?:||
This account is available to UK residents under the age of 18 and can be opened and operated at a branch.
|Can I withdraw money?:||
You can withdraw from your account whenever you need.
*Interest will be paid gross. This means all the interest we pay you will be without tax deducted. If the total amount of interest you receive exceeds any Personal Savings Allowance to which you’re entitled, you may have to pay tax at the applicable rate. This would need to be paid directly to HM Revenue & Customs. For more information, please visit gov.uk and search for ‘Personal Savings Allowance’. †AER stands for the Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year.
For full Savings Terms and Conditions, please follow the link below:
Download product terms and conditions here.
Visit your local branch for further information and to open this account:
Find your local branch
What do you need? Download our list of Identification Requirements before you visit your branch:
If you have any questions, please email the Savings Team at Principal Office or phone 01282 440500*
*Calls are recorded and may be monitored.