Horizon Bank Teen Account
No conditions on the rate
A flexible everyday account for teenagers aged 13-17 years that s easily managed with no transaction fees.
- Base rate up to
- 4.25%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| Any balance | 4.25% |
Who can open it
- Age to open
- 13 to 18
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
4.25%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
4.25%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- An age limit. Only for people up to 18.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 4.25%
- Bonus conditions
- None
- Most it pays
- 4.25%
- Bonus conditions
- None
- Most it pays
- 4.25%
- Bonus conditions
- None
