The account that grows as they do

Our Junior Regular Saver is pretty special – that's why it's only available to our members. So, whether you're saving or borrowing with us, why not share the benefits of being a member of Scottish Building Society with your child? 

You can open a Junior Regular Saver Account for any child up to the age of 18. It means that whether you're a parent, grandparent or even a proud aunt or uncle, this could be a fantastic opportunity to set some money aside on a regular basis for a special child in your life with our Junior Regular Saver.

You can transfer across any amount between £5 and £50 from your Scottish Building Society account each month, and you can make two withdrawals per year. If you hold the account in trust for the child, there’s no minimum age for the child you're saving for. You can also open the account in the child's name, as long as they are aged between 7 and 17. You can save into the Junior Regular Saver Account right up until they are 18- so the sooner you start, the more they will have in their savings pot.

On the child's 18th birthday, the money becomes theirs to use in the way that's most important to them, whatever their future holds. It could help cover the costs of university, pay for driving lessons or even go towards a deposit on their first home.

5 great reasons to choose a Junior Regular Saver

An account that's specially designed to help you save each month for a child
Open an account for any child up to the age of 18
Save any amount from £5 to £50 a month
Competitive interest rate
A safe home for the child's savings

Ready to apply?

Completed applications can be returned to any branch or agency office, along with proof of your identity and initial deposit.


Alternatively, you can post your application and necessary documentation to:

Scottish Building Society

SBS House

193 Dalry Road


EH11 2EF



When is interest paid into the account?

Gross interest will be paid annually on 31 March, directly into the account.

What account can I use to transfer regular payments from?

The Junior Regular Saver account is only available to members. Regular payments into the account must be made from an Instant Access Saver account. If you don’t already have an Instant Access Saver account, we can set this up for you.

What happens to the Junior Regular Saver if I close my account with the Scottish?

The Junior Regular Saver will then revert to an instant access account.

I have two children – can I open an account for both of them?

You can open a Junior Regular Saver for each child in your family – but only one account per child.

How many withdrawals can I make?

The main purpose of the account is to save money for a child until they reach the age of 18. We understand that access to the money might  be needed before then, so two withdrawals can be made in each year.

New Saver Enquiries

0345 600 0585

New Mortgage Enquiries

0345 600 4085

Existing Member Enquiries

To talk to us about an existing savings or mortgage account, contact your local office

Find your local office

Lines open 9-5 Mon to Fri (10-5 Wed) and Sat 9-12. Calls may be recorded and/or monitored.

Financial Services Compensation Scheme

Your eligible deposits with Scottish Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you could hold above the limit are unlikely to be covered. Please see below for further information.

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