Hinckley & Rugby Building Society Starter 4 Ten account provides young savers with an opportunity to open an account with just a tenner! The account also comes with a bonus because it pays 2.0 per cent interest on savings up to £1,000 and 2.25 per cent for balances above.
This new branch-based account is designed to help meet the challenge of educating children from an early age about the benefits of saving. Hinckley & Rugby chief executive Chris White said:
“Starter 4 Ten is the perfect introduction to saving. Children can open and operate the account themselves, or a parent or guardian can do so on their behalf. Because it has a passbook, the young people can see how their money grows with each payment in – whether it is after birthdays, perhaps, or just spare pocket money – and when they see the interest added they can learn good saving habits for life.”
The account also benefits from easy instant access and withdrawals are penalty-free.
CLICK here to find out more about the NEW Starter 4 Ten Account from your LOCAL building society - Hinckley & Rugby Building Society or call 0800 434 6343.
