Provider Age bands (years) Credit interest rate Direct debits and standing orders Cash card Debit card Cheque book Product score
Minimum age 11 years
Nationwide BS  FlexOne [a] 11 to 17 1.00 Yes Yes Yes No 80%
Santander  123 Mini Current 11 to 18 3.00 [b] Yes Yes Yes No 78%
Bank of Scotland Under 19s Account 11 to 15 2.50 [c] Yes Yes Yes No 71%
Lloyds BankUnder 19s Account 11 to 15 2.50 [c] Yes Yes Yes No 71%
TSB Under 19s Account 11 to 15 2.50 [c] Yes Yes Yes No 71%
NatWest  Adapt [d] 11 to 18 1.00 No No Yes No 63%
Royal Bank of Scotland Revolve [d] 11 to 18 0.55 No No Yes No 57%
Danske Bank Discovery 11 to 17 0.00 Yes Yes Yes No 44%
HSBC  MyAccount [e] 11 to 17 0.00 Yes Yes Yes Yes [f] 44%
Barclays BarclaysPlus [g] 11 to 15 0.25 – 0.75 See [h] Yes Yes No 43%
Ulster Bank (NI) Adapt 11 to 18 0.00 No No Yes No 28%
Minimum age 16 up to 19 years
Bank of Scotland Under 19s Account [i] 16 to 18 2.50 [c] Yes Yes Yes Yes 93%
Lloyds Bank Under 19s Account [i] 16 to 18 2.50 [c] Yes Yes Yes Yes 93%
TSB Under 19s Account [i] 16 to 18 2.50 [c] Yes Yes Yes Yes 93%
Halifax Cardcash 16 to 17 1.51 Yes Yes Yes No 64%
Clydesdale Bank Current Account Plus 16 to 17 0.00 Yes Yes Yes Yes 50%
Yorkshire Bank Current Account Plus 16 to 17 0.00 Yes Yes Yes Yes 50%
Barclays  Young Persons Account 16 to 19 0.00 Yes Yes Yes Yes 44%

Table notes

  1. Get 25% off at Vue Cinemas. 12-months cinema reward for You + One
  2. No interest is paid on any amount over £2,000
  3. 1% paid on portion of balance above £2,500
  4. Discounts at top retailers and discounted railcard
  5. As part of a package with MySavings which can be opened by a child from the age of 7
  6. On request from age 16
  7. Tied to another product with Barclays
  8. Direct debits and standing orders into account only
  9. For over 17s – Save £36 on AA driving lessons and receive a free ‘Pass Your Test’ CD-ROM worth £19.99.

After passing your test save a further £20 off Pass Plus

 

This table is correct at October 2015.