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Best Child Savings Account 2024 - 5.8% Interest - High Interest Childrens Savings AccountsOn savings accounts, you'll usually see the interest rate referred to as AER (Annual Equivalent Rate). On borrowing products, it's normally called APR (Annual. Browse and compare our best savings accounts. Once you've found an account to suit your needs, you can apply online in just a few minutes. The minimum opening deposit is ?1. Two Kids' Saver accounts can be held for any one child. Can I withdraw money? expandable section.