Rates may change at any time without prior notice, before or after the account is opened. Barclays has two different current accounts for under-18s, one for children (aged 11–15) and one for “young people” (aged 16–17). The regular saver will last 1 year and no withdrawls will be allowed within this time. Build your savings with our regular savings account To apply you must be aged 16 years or over, already hold a NatWest International current account and be resident in either Jersey, Guernsey, Gibraltar, Isle of … Under its savings banner, the bank offers a range of options such as ISAs, fixed rate bonds, regular savings and easy access accounts, which can offer competitive rates both online and offline. ... Barclays Bank UK PLC and Barclays Bank PLC are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered office for all: 1 Churchill Place, London E14 5HP. Barclays only offers an Online Savings account. expandable section. All deposits are held for five business days before being credited to the account. More ways to save This means that you'll earn 1.50% interest on the first £10,000 of your balance and 0.01% on the additional balance over £10,000, Save between £5-£100 per month by standing order over a 12 month term. No minimum or maximum deposit requirements. or atleast an account that is not the '10% regular saver' option. You’ll need to bank with us already, have the Barclays app and the Barclays Video Banking app, and have your child's birth certificate to hand. Apply now. Students. The three-year … With bank regular savings accounts, you’ll usually need to open a current account before qualifying for a regular savings account and your money will be moved to the current account once the limited term of the regular savings account ends. Barclays opened a regular savings(2.1%??) ‘AER’ (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.Return to reference. Other customers found these links helpful. Save for a child under 16. Tools menu item level 1. Barclays has again upped the stakes in the savings war, raising the rate on its linked Regular Saver account by 25% to 12.5%. Build your savings with our regular savings account To apply you must be aged 16 years or over, already hold a NatWest International current account and be resident in either Jersey, Guernsey, Gibraltar, Isle of Man or the UK. Join × New Post Advanced Search. It would require that you funded your regular Barclays A/C by a minimum of £1000/month. Whether your long-term goal is home improvements, retirement or just building a nest egg, all you have to do is tell us a bit about yourself and then let our experts select and manage your investments. 3.50% AER /3.45%. At the end of the term, you’ll get back all the money you’ve paid into the account plus the accrued interest. To choose and manage your own investments from a range of funds, shares, ETFs and bonds, get started today by simply opening up an Investment (Stocks & Shares) ISA, Investment Account or SIPP Account with Smart Investor. Barclays Insurance Services Company Limited and Barclays Investment Solutions Limited are each authorised and regulated by the Financial Conduct Authority. You can also check the Bank of England base rate here . About Barclays menu item level 1. Good for: those who are able to save money every month; Bad for: those who don't have/don't want to have a linked current account that many providers require; Compare the best regular savings accounts with Which? Get a competitive 0.45% APY with the Barclays savings account. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of 08/24/2020; average rate used is for deposits under $100,000. You’ll need to bank with us already, have the Barclays app and the Barclays Video Banking app, and have your child's birth certificate to hand. If the Children's Regular Saver isn't what you’re looking for, we have other options for you to consider. It pays the joint-highest rate at 3.5% fixed for a year, lets you save up to £100 a month and you can open it online – though it doesn't allow withdrawals. Cons. No, the rates are fixed for the 12-month term. There aren’t huge differences between the two and both come for no monthly fee. dear people. Barclays has been fined £26 million by the financial regulator over the poor treatment of 1.5 million borrowers who had fallen into arrears or financial difficulties over a period of four years - and affected customers have also been refunded. 1.51% AER /1.50%. 4 June 2008 at 6:58PM edited 30 November -1 at 1:00AM in Savings & Investments. Join × New Post Advanced Search. Regular savings accounts of this type (eg very high rate for 12 months) can be most useful to two kinds of savers, as I see it - those with only income (not a lump sum) to save - who happen to bank with Barclays anyway Regular savers. Bear in mind that missed payment and withdrawal penalties are often harsh, particularly with fixed rate accounts, but it is also these that tend to pay the best rates. Account name Barclays Regular Saver account is available to both new and existing customers and they can vary the amounts they pay into the account each month. Open an online savings account with Barclays and watch your savings grow with no associated maintenance fees. ‘AER’ (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.Return to reference, Online Banking, the Barclays app and Telephone Banking are only available if you’re registered to use these services.Return to reference, If a parent gives money to a child as a gift, and it produces more than £100 gross interest in a tax year, the income is normally taxed as belonging to the adult.Return to reference. More details will be released around 13 th Feb. However, before choosing any account, it’s important to compare … Learn more about Video Banking. Take advantage of tax-efficient investing. Take a look at the interest rates for our Savings accounts Take a look at the interest rates for our savings accounts – those you can apply for now, as well as ones we offered previously. Children’s Regular Saver - Issue 1. 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