Account name
Darly Young Saver Account
Minimum amount to open the account
£10
Investment conditions
No minimum monthly investment, months can be missed but to qualify for incentive please see 'other features' box
Maximum £50 per month [£600 per year].
Withdrawal conditions
Withdrawals allowed subject to minimum balance staying at £1, if account falls below £1 then the account will be closed.
If account falls below £10 interest is earned at 0.05%
If the account falls below £1 then the account will be closed.
Interest payment
31 January each year or on account closure.
Eligibility
Available to children who live in the local area at the time of opening. DH, DL, HG, SR, TS, YO.
One account per child (held in trust).
Notes