Young Savers' Club
3.35% gross p.a./AER
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Children's savings account

Nurture a savings habit for your child with our Young Savers' Club. Designed for those under 17, this account offers a variable interest rate with the flexibility of unlimited, penalty-free withdrawals. Start saving for their future with as little as £1 and watch their savings grow.

View your passbook online
You can now access your branch‑based savings account online or in our app to view your balance and recent transactions. To get started, visit or call your local branch to link your account to our online services.

This account might be right if you

  • are under the age of 17.
  • would like as many unlimited penalty-free withdrawals as you wish.
  • want to open and manage your account in branch.

This may not be right if you

  • want to save in this account after you turn 17.
  • want to open and manage your account online.
  • would like the security of a fixed return on your investment.

Open a branch savings account

To open one of our savings accounts call your nearest building society branch to book an appointment.

Find your nearest branch

View your savings passbook online

You can now access your branch‑based savings account online or in our app to view your balance and recent transactions. To get started, visit or call your local branch to link your account to our online services.

Contact your local branch

Your savings are protected

At Nottingham Building Society, your eligible savings are protected under the Financial Services Compensation Scheme.

That means your money is secure, even if something unexpected happens.

Find out more
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Find out more

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

Read more about us

How do I open an account?

To open this savings accounts call your local branch to speak to an adviser to book an appointment. You cannot open or manage this account online.

Call your nearest branch

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.

Savings FAQs

Will I be taxed on the interest?

We will pay your interest without tax taken off into this or another suitable account of your choice. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information please contact HMRC.

Additional information

The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our branch savings terms and conditions. This is a limited issue account which could be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point.