Island First Account
A straightforward savings account for children aged 10 or under living in the Channel Islands or Isle of Man.
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Help your child learn about how bank accounts work
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Quarterly statements
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Open the account with just £1
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Open an Island First Account at your local branch, or call us on one of the following numbers for any help or further information:
08457 309461 Jersey
08457 309373 Guernsey
08457 301280 Isle of Man
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Features & Benefits
- Open the account with as little as £1
- The more money in the account, the more interest the child will receive
- Interest added to the account four times a year and paid gross without deducting tax
- Statements sent at least four times a year
- Special account record books provided for children to keep track of their savings
- A paying-in book and paying-in slips are provided to help a child learn about how a bank account works
- Children receive a £10 gift voucher to spend at Woolworths when they open an Island First Account with £10 or more
- View Island First Account interest rates
How do I apply?
The Island First Account is available for personal customers aged 10 or under resident in the Channel Islands or Isle of Man. Children under the age of 10 who open an account will be able to keep the account until they are aged 16.