Youth & Family Banking Information Notice
Children's and Young Person's accounts require parent/guardian identity verification and certified documentation in accordance with UK banking guidelines.
Ages 11 – 15
YoungSaver Account
First steps to independent money management
- Free contactless Visa debit card with tailored spending limits
- No monthly account fees
- Parent or guardian view and control via B Bank app
- ATM daily cash withdrawal limit restricted to £50 for safety
- Blocked from adult merchant categories automatically
- Earn interest on every pound saved in GBP (£)
Ages 16 – 17
Young Person's Account
Freedom and tools to manage wages, college, or apprenticeships
- Full contactless Visa debit card with Apple Pay & Google Pay
- Direct salary and apprentice stipend deposits via Bacs
- Mobile banking app with instant spending notifications
- No overdraft facility to ensure young people never fall into debt
- Standing orders and Faster Payments for bills & rent
- Free transition to adult B Bank Current Account at age 18
Built with British Safety & Parental Controls
Zero Overdraft
Young accounts cannot go overdrawn. Transactions are simply declined if funds are insufficient, preventing unexpected charges.
Instant Card Freeze
Misplaced debit cards can be temporarily locked and unlocked instantly within the B Bank app by either the child or parent.
Age-Appropriate Restrictions
Automatic merchant category blocking ensures cards cannot be used for gambling, adult venues, or restricted services.