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Children's savings account

A little more future ready

You could set your child (or grandchild) up for success with our First Saver account.

  • From their first bike to driving lessons - save money for their future.
  • Turn a year's spare change into Christmas presents with Round Ups. Criteria applies.
  • A free and flexible savings account for babies and kids.

To open a First Saver account you must be 18+ and opening the account in trust for a child under 16. Both you and the child need to reside in the UK, and you need to have a NatWest current account.

A little more saving savvy

Start saving for a baby or child’s future today. Build children’s savings in a way that suits you. No minimum deposit required. Our First Saver account offers instant access so you can withdraw cash whenever you need to.

Apply for a kid's savings account

Any NatWest current account customer can open a First Saver account as long as you're aged 18 or over, and opening the account in trust for a baby or child aged 0 to 15 years old.

Start saving for a baby's future

Build children’s savings in a way that suits you. Pop in £1 to get started. This saving account for kids offers instant access so you can withdraw cash whenever you need to.

Manage baby and kids' savings at any time

Once opened, you can manage the NatWest baby and kid's savings account through our mobile app or online banking.

Summary box for the First Saver

What is the interest rate?

Interest is calculated daily and paid quarterly on the first business day in January, April, July and October and at account closure. You’ll be able to see and access the interest in your account on the following day.

First things first

You can apply if: 

  • You're 18+, the child is under 16, and both live in the UK. 
  • You have a NatWest current account.
  • You don't have a First Saver application in progress (even if it's for a different child).

Important info you need to know before you apply:

Ready to apply?

We need to check a few things before you start applying for this in-trust account

Are you over 18?
You need to be 18 or older to open a First Saver, and the child you're opening it for must be under 16 years old.
Are you currently applying for another First Saver?
Let us know if you're already applying for a First Saver for another child

Sorry, you can only apply for one First Saver at a time.

We're sorry, but you can only apply for one First Saver at any time. Once your First Saver has opened, you can return and apply for your next one. 

Does your child have a passport?
We'll ask you to take a photo of their passport later.
Do you have our NatWest app on a mobile device?
You can apply using either the mobile app or online banking. The app is easier and quicker as we can pre-fill some of your information.

Great, let's get your application started.

Before you start, lets check:

  • The child is under 16 years old
  • You both reside in the UK
  • You have an existing current account with us
  • You have your child's passport with you
As part of applying for a new account we may ask you to take a picture of your photo ID.
 
Using a desktop or have the app on another device?
 
Simply scan the QR code with your mobile or tablet device that has the NatWest app and we'll get you started.
 

Can't scan the QR Code?

 
Using your mobile or table device now?
 
If you're already using a device with the NatWest app,  select the 'Start your application' button below.
Do you use Online Banking?
If you log in to Online Banking we can pre-fill some of the application for you.

Great, let's get your application started.

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.

Before you start, lets check:

  • The child is under 16 years old. 
  • You both reside in the UK. 
  • You have an existing current account with us.
  • You have your child's passport to hand.

As part of applying for a new account we may ask you to take a picure of your photo ID. 

Let’s get you registered for Online Banking

You’ll need to sign up for Online Banking with us in order to apply for a savings account. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

Once you’ve registered, select ‘Next’ to log in and apply for a First Saver account.

Log in to NatWest Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.
Do you have any ID for your child?
We accept Pass Cards and National ID Cards. We also accept a birth/adoption certificate.
Do you have our NatWest app on a mobile device?
If you're registered for our app on a mobile device, we can pre-fill some of your info, making the application process faster

Great, let's get your application started.

Before you start, lets check:

  • The child is under 16 years old
  • You both reside in the UK
  • You have an existing current account with us
  • You have the child's photo ID or birth/adoption certificate to hand

As part of applying for a new account we may ask you to take a picture of your photo ID.

Using a desktop or have the app on another device?

Simply scan the QR code with your mobile or tablet device that has the NatWest app and we'll get you started.  

Can't scan the QR code?

Using your mobile or tablet device now?

If you're already using a device with the NatWest app, select the 'Start your application' button below.

Do you have Online Banking?
If you log in to Online Banking we can pre-fill some of the application for you.

Great, let's get your application started.

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.

Before you start, lets check:

  • The child is under 16 years old. 
  • You both reside in the UK. 
  • You have an existing current account with us.
  • You have the child's photo ID or birth/adoption cerificate to hand.

As part of applying for a new account we may ask you to take a picture of your photo ID.

Let's get you registered for Online Banking

You’ll need to sign up for Online Banking with us in order to apply for a savings account. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

Once you’ve registered, select ‘Next’ to log in and apply for a First Saver account. 

Log in to NatWest Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.

We need to see some ID to open this account online

If you don't have a Photo ID for your child, we'll need to see their birth or adoption certificate. You can get a copy of their certificate from:

 

  • England and Wales: The General Register Office
  • Scotland: The National Records of Scotland 
  • Northern Ireland: The General Register Office for Northern Ireland.

Sorry, you need to be aged 18 or over to open a First Saver.

To open a First Saver account you need to be aged 18 or over, and be opening the account in trust for a child who us under 16 years old.

Kids savings accounts - FAQs

The bank for all ages

Information Message

Eligibility criteria, fees and charges may apply.

NatWest Rooster Money is for children and teens ages 3-17 years old

Spending

Ages 3-17

The pocket money app that gets children aged 3-17 comfortable with money (while you're still in control).

Information Message

girl smiling ages 11-17

Investing

Ages 0-13

Start investing little and often into our stocks and shares Junior ISA to build for their future. £9,000 per child per tax year. Value of investments can fall as well as rise.

Information Message

girl with phone

Savings

Ages 16+

Watch them soar as they graduate to their adult savings account and continue to build good savings habits.

Information Message