abbey national children's saving account review

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Average Ratings
Ease of Opening Account0.7/10 Based on 2 ratings
Ease of Use1.7/10 Based on 1 rating
Customer Service0.7/10 Based on 1 rating
Value for Money2.8/10
Reviewer Rating2.5/10
Overall Rating6.6/10 Based on 14 ratings
25% Recommended1 out of 4 Reviews

Review of Abbey National Children's Saving Account

By ALS5 Rank: Corporal on 31st Mar 2005

ALS5's Ratings
Value for money7/10
Overall value8/10
yes ALS5's recommendation

Good Points

Great free gift, good interest rate, no restrictions on how much they can save or withdraw, makes it a nice, easy account for kids to learn how banks work and why saving money is a good thing to learn.

Bad Points

General Comments

The staff at Abbey National were very friendly in helping us to open the Childrens Saving Bond Account and offered us a choice of opening gift. We were also told that if my child saved he would reveive reward certificates every time he reached a certain level. We were also given a brochure about the Flexible Saver for Kids account that has been written specifically with children in mind. It teaches them what interest is, how banks work and how to save their pocket money. A great help in getting them to start saving from an early age.

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