Young Gospel Partner Account
Help children and young people save with purpose.
The Young Gospel Partner Account is designed for savers aged 17 and under who want to save with purpose. With a 32-day notice period, it encourages thoughtful, future-minded saving while helping to support churches and gospel work across the UK.
This account gives young people a meaningful way to see how their savings can be used for good and to understand the value of stewarding money well.
Account information
| Interest rate | 0.60% Gross/AER |
|---|---|
| Interest accrual | Interest accrues on the daily balance at the above rate. This rate may vary from time to time and we will notify you of any changes. |
| Deposit method | Online banking, card payment, standing order, or post. |
| Minimum balance | £1 minimum balance |
| Withdrawal notice period | 32 days' notice |
| Withdrawal Terms/Number of withdrawals allowed | N/A |
| Withdrawal methods | Telephone banking, or post. |
| Withdrawal destination | Pre-nominated bank account in the same name as the account holder. |
|
Interest illustration This assumes that you do not withdraw any money and that interest is paid into this account. It also assumes the interest rate stays the same and no additional money is added. |
If you deposit £1,000 when you open the account, the balance after 12 months will be £1,006. |
£ 122.2 million
Saved with us in 2024.
Protected savings with a purpose
With FSCS protection and full FCA and PRA regulation, your savings are safe with us. Our interest rates ensure you earn predictable returns and, as a Christian bank, we ensure your savings are invested in gospel causes.
Ethical investment in Christian mission
We only invest in Christian causes with gospel purpose. From church building projects to property purchases, your savings support gospel growth. And, when you need them, we’ll return your savings with interest.
Personalised and friendly support
Say goodbye to frustrating call waiting times. Our friendly staff are passionate about helping you put your savings to work for the gospel. We’ll guide you through your savings options and help you set up your first deposit.
Important documents
We would recommend you familiarise yourself with these documents.
Young Gospel Partner Account
Frequently asked questions
Yes. As this account pays a variable rate of interest, it can change over time – the General Terms and Conditions explain how this happens.
We will always let you know any planned changes to the rate. For example, we may review our interest rates if the Bank of England base rate changes.
Deposits can be added at any time via online banking, card payment, standing order or post.
Information can be requested on the phone, but all instructions should be sent to us by post.
Shortly before the young person’s 18th birthday, we will contact you to seek your closure instructions. The balance of the account may be transferred to an account in their own name (subject to normal account opening criteria) or we can post a cheque for the balance of the account – payable to the child – to the address we hold.
Yes. You can make withdrawals from this account by giving 32 days’ notice, and there is no charge for doing so.
You can either request a withdrawal over the phone or by sending a letter/withdrawal request in the post.
All withdrawals must be made to a UK account in the same name.
No charges apply to this account (except for those referred to in our terms and conditions, where we permit early withdrawal at our discretion with charges on transfer before notice period served).
Yes. Kingdom Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
All eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person.
Explore our other
Notice Accounts
Personal Gospel Partner Account
0.50% Gross/AER
£1 minimum balance
32 days' notice
This account is designed for those who want to make the biggest impact with their savings. By accepting a lower rate of interest, you enable us to use more of the funds to provide affordable mortgages for church buildings, refurbishments and ministry housing across the UK.
90-Day Notice Deposit Account
2.55% Gross/AER
£1 minimum balance
90 days' notice
This account offers a flexible way to save while supporting gospel work. With a 90-day notice period and a minimum opening balance of just £1, it’s ideal for those who want to earn a return while giving their money a mission.
120-Day Notice Deposit Account
3.05% Gross/AER
£10,000 minimum balance
120 days' notice
The 120-Day Notice Deposit Account does far more than grow your savings. We use your deposits to resource churches and Christian ministries across the UK with mortgages they may not be able to access easily and affordably elsewhere.