Designed specifically with children in mind
We believe that opening a child savings account should be a consideration as important as 'what pram to buy' when a child is born. 18 years is a great length of time to grow a sizable savings pot if you know how! Our mission is to work with parents to give children the best possible start in life through:
We make it easy for family and friends to save with you.
Let family help! Granny's, Grandad's, crazy aunts and friends can all easily save money for your child and can leave a special message that is stored 'forever' so it is clear who helped fund that first class degree later down the line!
Contributors can track their contribution too so they can see the current value of the money they have gifted.
We are developing a generation of financially responsible children.
The thought of handing over a pot of money to a man-child/woman-child when they are 18 years old can be frightening! We teach children the value of money and how to invest through age appropriate interactive games and engaging learning.
Investment for growth
We invest savings into a socially and environmentally friendly global tracker fund to maximise growth.
The stock market has been proven to outperform cash over the long term, therefore we invest in a selection of global companies that are focused on growing your child's savings whilst at the same time also growing a better world for them too.
It's time that children's savings are taken more seriously
Cash savings can
Money kept in cash savings can be eaten away by the inflation monster - your £1 saved today could be worth less in 20 years (remember when Pret coffees were £1.99?! That's inflation!)
Are you allowing others to help save?
They say that raising a child takes a village and we believe that saving for a child does too! We allow family and friends to save with you in a simple 'Just Giving' style avoiding cheque and cash in envelopes.
Don't know where to start?
Neither did we! Funds? Stocks? Bonds? ETFs? It gets confusing quickly.
We make investing simple.
We are proud to share our achievements with you. Read all about our latest updates, and get involved today!
Snowball accepted into FCA Innovation Hub Advice Unit
Snowball is working with the Financial Conduct Authority (FCA) after being accepted for regulatory feedback as part of their Innovation Hub Advice Unit. This is a big milestone on our journey to becoming FCA regulated so we can offer top class children's savings accounts with children's best interests at the heart of everything we do.
Snowball awarded a place on Forward Partners Founders Programme
In October 2020, Snowball was offered 1 of 8 places on its Founders Programme out of over 300 applicants. This is exciting news to be working with a top tier venture fund to further develop the Snowball proposition.