Harpenden Building Society 18 Club Children's Saving Account

The Harpenden Building Society 18 Club Children's Saving Account is a very consistent account, does what it says.

very efficient service and queries resolved quickly, professionally and efficiently

Consistently high ratesGreat alternative to child trust fundFantastic service.

Won/runner-up for last three years in Moneyfacts Awards for best childrens' account.

Now that the Harpenden Building Society's interest rate is staying put, it is not worth committing your money for up to 18 years.

The rate was high in the past, at 5.15%, which was worth committing your money to for a long time... But you cannot withdraw any money before the child is 18.

More importantly, they have not increased rates when the bank rate went up in August 2006.