Lloyds Bank proposes the Smart Start account for kids from 11 to 15 years on the following terms:
- contactless Visa debit card
- Online banking and the mobile app
- Google Pay and Apple Pay can be used
- 1% on balances up to 1000 GBP, the interest is paid monthly
To be eligible a customer should:
- a child must be from 11 to 15 years old
- the authorized person must be 18 years or older
- live in the same place as your kid and be a resident of Great Britain
- open a Club Lloyds Current Account
- be registered for the NetBank
- have an existing Child Saver or Young Saver for the kid
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