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Tel: 01902 572340 Email: contactus@wccul.co.uk

Savings Savings for children

A Pocket Money Account helps your child learn more about the value of money. Encouraging children and young people to save responsibly to achieve their goals can help form good financial habits that will last a lifetime. The child receives a free savings sticker passbook so they can see their savings add up. This teaches them about how to make decisions about money and how to operate an account. You need just £1 to open an account for youngsters aged 0 to 16 years.

As parents or guardians are the named trustees on the account, they should provide:

  • ID for the child - birth certificate or medical card
  • ID for themselves - passport, driving licence or benefits letter
  • Proof of address - council tax letter, utility bill or bank statement



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  • Wolverhampton City Credit Union
  • Tel: 01902 572340
  • Email: contactus@wccul.co.uk