Triodos Right Start Saver
The ethical savings account for children
- A savings account that allows children to make a positive difference
- A great way for young people to learn about ethical savings
- Interest rate is 0.80% gross/AER* variable
- Open with as little as £1, make lump sum or regular payments
- Notice-free easy access to your savings
*Rates applicable from 17 February 2011. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. The gross rate is the rate payable without any tax is taken off.
|Account name||Triodos Right Start Saver|
|What is the interest rate?||
|Can Triodos Bank change the interest rate?||Yes – the interest rate is variable and can therefore change at any time. Please refer to section 7.3 of our Terms and Conditions for personal banking accounts.|
At least 14 days’ notice in writing will be given of any reduction to the interest rate on this account.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,008.00|
This estimate is based on £1,000 being deposited at account opening, no further deposits or withdrawals being made and interest being added to the account annually. This projection is for illustrative purposes only and does not take into account your personal circumstances.
|How do I open and manage my account?||
|Can I withdraw my money?||
|Additional information||*The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross.|
**AER shows what the interest rate would be if interest was paid and compounded once each year.
Please ensure you also read the Terms and Conditions for our personal banking accounts.