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Savings

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 0.35% 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 Bank transfer, standing order or card payment.
Minimum balance £1 minimum balance
Withdrawal notice period 32 days' notice
Withdrawal Terms/Number of withdrawals allowed Unlimited withdrawals, each requiring 32 days’ notice.
Withdrawal methods Online Banking and Mobile App.
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 £1,003.50.
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£ 142 million

Saved with us in 2025.

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.

Secure digital banking with friendly support

Enjoy the convenience of Online Banking and our Mobile App to manage your savings wherever you are. Whenever you need a helping hand, our friendly team is here to provide expert guidance and personal support.

Young Gospel Partner Account

Open your account today

Start saving with purpose and join us in growing God's Kingdom.

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We’re here to help

If you have a question or would like to find out more about our savings products, we’d love to hear from you. Just fill in the form and one of our friendly team members will be in touch to offer help, guidance or the information you need.

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.

You can manage your account via Online Banking and our Mobile App. Alternatively, information can be requested over the phone.

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.

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 £120,000 per person.