Halifax child and teenager account review
A handy guide to children's current accounts and savings accounts offered by Halifax, to help you pick the right one for you and your family.

As a well-established traditional bank, Halifax generally offers a comprehensive range of finance and banking products. Accounts for children and young people are among them.
In this guide we look at their features and functionalities, to help you figure out whether Halifax makes a good choice for your kid’s first experience with banking.
To make comparing even easier we came up with the Finder Score. Fees, features and customer service across 20+ of the most popular banks are all weighted and scaled to produce a score out of 10. The higher the score the better the account – simple.
Read the full methodologyHalifax has a couple of current account options for kids and teens. Its Expresscash account is for those aged 11 to 17 and it’s a pretty solid product for day-to-day spending. The account has no monthly fee, can be managed from the app, includes a debit card, and even pays a small amount of interest on your balance.
Halifax also offers Money Smart which is a bank account and savings account in one application. Money Smart is suitable for 11- to 15-year-olds and comes with a debit card that can be linked to Apple Pay and Google Pay, with no monthly charges. The savings account pays interest up to a set limit. Parents have full visibility of their child’s account activities through the mobile banking app or online banking.
The main catch with these accounts is you can’t open them until your child turns 11. If you want to start earlier than that, you might want to look at prepaid cards for children instead, which are available to children as young as 6 and usually come with some kind of parental control features. You can compare them on this page.
Also note that to qualify for Money Smart, parents will need to be an existing Halifax current account customer.
If it’s only a savings account you’re after, Halifax lets you choose between 3 options, which are all designed for an adult looking to save for the benefit of a child:
You don’t need to be the child’s parent or guardian to open an easy-access or a monthly saver savings account for them, but you will need their permission. You can only open a junior cash ISA for a child you have parental responsibility for.
Halifax allows you to open all savings accounts for kids online. The only exception is if you are looking to open a junior ISA for a kid who does not live at the same address as you, in which case you will need to visit a branch. Money Smart must also be opened online.
As for the Expresscash current account, you will need to do it in person. You can start online if the child is 13 or older, but then you will need to visit a branch to complete the application. For children up to 15, Halifax will require both their own ID and a proof of identity and address of the parent or guardian. If you are 16 or 17, you can apply for yourself and you will need to bring your own ID and proof of address.
It’s free, and there are no monthly fees. For the current account, card payments and cash withdrawals are also fee-free in the UK. However, if your child uses the card overseas, fees apply for both purchases and cash withdrawals. This is something to be aware of if you are going abroad on holiday.
Halifax is regulated by the Financial Conduct Authority and deposits are protected by the FSCS. So a child account is pretty much as safe as an account for adults from that point of view.
Overdrafts are not available for under 18s, so you don’t need to worry about debt.
If a child’s bank account does not sound like the right idea, then there are other options available:
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Our Finder Awards celebrate brands that truly stand out in their field, creating innovative personal finance products and providing outstanding service to their customers. Halifax is one of these brands and was named our 2025 Kids' Banking Provider of the Year Award winner!
The Halifax app has a score of 4.8 of out 5 on the Apple App Store, from over 1.7 million reviews. Its rating on the Google Play Store is 4.4 out of 5, from around 250,000 reviews. These were checked in May 2025.
Halifax’s accounts for kids and teenagers have a few features that make them stand out. Savings accounts offer competitive rates, are easy and quick to open online, and you can choose between different options that suit different needs. The Expresscash current account is pretty standard, but has everything you need. Meanwhile, Money Smart could be a good option if you want to teach your kids more about money and give them some independence, but still be able to monitor their transactions.
The biggest downside is you can’t get an account for under-11s, but that’s not unusual for a traditional bank.
Get started by visiting Halifax’s website and applying for an account. If you have read this review and decided that these accounts are not the right choice, you can also discover other bank accounts for children and the option of prepaid cards for kids.
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