Our Junior Saver account is a great way to teach your little one all about how a savings account works.
Rates effective from 01 April 2021
Please note that account openings are by appointment only. If you’d like to open an account, please contact your local branch. You can find details of all our branches on our ‘Find a branch‘ page.
- 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: 0.75 % Find out more
Account access: Easy access
Junior Saver (Issue 8)
|What is the interest rate?:||
Rates effective from 1 April 2021
Interest earned daily and paid annually on 31 March.
|Can Marsden Building Society change the interest 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 a £1,000 deposit?:||
If you saved £1,000 the estimated balance after 12 months would be £1,007.50.
|How do I open and manage my account?:||
This account is available to UK residents and can be opened by appointment only. Please contact your local branch who will explain the account opening process to you. Once opened, the account can be managed in branch.
|Can I withdraw money?:||
You can withdraw from your account whenever you need in branch. Limits apply on cash withdrawals.
*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’.
Download our full savings terms and conditions: General Retail Savings Terms and Conditions (PDF)
Download product terms and conditions: Junior Saver (PDF).
Please note that account openings are by appointment only.
If you'd like to open an account, please contact your local branch. You can find details of all our branches on our 'Find a branch' page.
Download our list of Identification Requirements before your appointment: Identification Requirements (PDF)