Junior Accounts

Junior accounts

We offer savings accounts for your children or grandchildren below the age of 16 from as little as £1 per week.

Share to Share facilities are available, eg, deposit £1 or an amount of your choice from your current payroll deduction or standing order instruction to the Credit Union and the Junior Savings will be transferred to the Junior Saver’s account monthly. Contact the Credit Union office for further information.

Interest is paid annually on all junior savings. The interest rate is the same as the dividend rate paid to adult savers. Past rates paid are available here.

It easy to apply – just complete the application form and return this together with a copy of the birth certificate to the Credit Union office.

To withdraw funds from your junior account just complete the attached form and forward to our office

Smartcash Junior Debit Card

• The Smartcash debit card works just like an account from a high street bank but is only available from your Engage accredited credit union. It is an ethical prepaid account with a number of great features:

• Available for 8 to 16 year olds

• Parental control with access to account

• FREE mobile app

• Encourages saving – funds can be paid directly to their savings account

• UK sort code & account number – pocket money etc can be paid direct to the card

• Contactless Visa debit card

• Low or no fees                                                   

• No credit checks

• ATM cash withdrawals (small fee applies)

• Cashback rewards from national high street retailers and online retailers

• Helps teach children how to manage money and budget

• Minimum £10 load, maximum £50 ATM withdrawal and maximum £500 card balance

• Only a £10 one-off card fee - that is it

• To apply for a card just complete the simple application form below

• To log on to the Engage web site click engage account

Smartcash Application Form

Smartcash Terms and Conditions