Nationwide unveils 5% easy-access account

Nationwide's FlexOne Saver account is available for 11 to 17-year olds. How does it compare with other children's savings accounts?

Child piling coins on table
(Image credit: Getty Images)

Nationwide Building Society has launched an easy-access account that aims to help young people develop a savings habit.

Banks and building societies have been improving their savings deals in recent months amid Bank of England interest rate rises.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.