Clydesdale Bank Savings Account Comparison
To help you find the most suitable savings account for your money, have a look through the options below where we have compared all our savings accounts and some of their features. You can also refer to our Fee Information Documents and Glossary of Terms here.
Other products and services are available at Virgin Money. Find out more. about Virgin Money savings products (opens in a new window)
Which savings account is right for you?
Children's Savings
Jumpstart Savers Account
- For children aged 0 - 16
- Pay in and withdraw money at any time
- Option to have debit card from age 11 and over[4]
Find out more about our Jumpstart Savers Account (opens in a new window)
Headstart Savers Account
- For children aged 0 - 16
- Earn interest, linked to Bank of England base rate
- Give us 95 days' notice to withdraw cash
Find out more about our Headstart Savers Account (opens in a new window)
Key to numbers in brackets
- You need to hold an M Plus Account to qualify for an M Plus Saver.
- Gross interest is the interest payable without taking account of any tax payable. If you earn interest over your Personal Savings Allowance you will be required to pay any tax due yourself directly to HMRC. If you would like to read more about your Personal Savings Allowance, please visit the Government website www.gov.uk.
- Offsetting means you can use the money in your savings account to reduce the amount of interest you pay on your existing Clydesdale Bank offset mortgage. Remember, no credit interest will be paid on account credit balances that are used for offsetting.
- If children are over 11 years of age or over, they can open and operate the account in their name provided their parent, guardian, grandparent or other responsible adult agrees. If children are under 11, the account can be opened in their name and operated by their parent, guardian, grandparent or other responsible adult.
Financial Services Compensation Scheme (FSCS)
Protecting your money
Your eligible deposits held by a UK establishment of Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.
This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and Virgin Money. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please see FSCS leaflet download (Opens in a new window) for further information or visit www.fscs.org.uk
You can also refer to our FSCS Guide download (Opens in a new window) for more details.
