urfirst Savings Account
Our savings account for children
Available to customers aged under 18, resident in the UK. Terms and conditions apply.
At a glance
What is our urfirst Savings Account?
Every penny counts, so open an account with just £5
Most children can get interest paid tax-free on their urfirst account, just complete an R85 form in branch
Upon turning 12, your child can access their money with no notice required
Tax-free interest means that interest payable is exempt from UK income tax.
Protecting your money
Your eligible deposits with Ulster Bank are protected up to a total of £75,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.