Kids Saving account
Save for your children’s future
Your child grows up fast. And you are thinking about its future. Start saving today for tomorrow! The Kids Savings Account offers you the opportunity to save on a regular basis for your children and until they reach adulthood.
- Increase or decrease your fixed savings amount at any time
- You can make extraordinary deposits of up to €500 per month
- If you save for more than 6 years, your child can apply for a student loan* that is equal to three times the savings amount and which carries an interest rate that is 0,50% lower
- The account has a preferential interest rate.
- 12-month term account
- Maximum initial deposit amount: €30
- Maximum deposit amount: €500
- Minimum fixed monthly deposit amount
- Automatic renewal at the Scheme’s interest rate on the renewal date
- Withdrawal available with minor’s signature upon reaching the age of 18
- Withdrawal in extraordinary cases before the child reaches adulthood, following a court decree.
*The Bank reserves the right to examine and reject any application for a student loan at its discretion.
You can find out about the interest rate and compare it with other deposit options here.