Children’s Deposit

Children’s deposit calculator

Two children are playing at a table – one is painting a ceramic piggy bank while the other is adding coins to the piggy bank.

Give your child a bank account of their own! Click on Open account to get started.

It only takes a few minutes, and the account will be ready for them to use straight away. You can also open a deposit to save money for your child in order to cover the costs they incur as they start their independent life or other major outgoings, such as tuition fees at university, their first car, their dream holiday or a deposit on their new home.

And for our part, we’ll transfer €50 to the deposit as start-up bonus!

€50 start-up bonus

Interest rate 3,1%

Period up to 18 years

Risk-free up to €100,000 per depositor

Flexible – convenient contributions

Parent and child playing with soap bubbles outdoors.

Start today!

Consistent, long-term saving will ensure your child a good start in life when they fly the coop. We add €50 of our own to the deposit, and the money you save grows at 3,1% per annum.
If the deposit has been in use for at least three years, you can withdraw the amount in it during the child’s birthday month in their 7th, 10th or 15th year without cancelling the agreement.
A parent can enter into the deposit in the Internet bank or at their nearest branch. The final opportunity is on the child’s 15th birthday.

Saving money for a child

Term	3-18 years
Minimum amount	0 €
Currency	EUR
Interest rate (variable during the contract period)	3,1 %
Starting bonus	50 €
Contributions	Yes
Payouts	During the birthday month of the child’s 7th, 10th or 15th year if the deposit has been in use for at least three years
Interest payouts	Once a month to the child's deposit
Age restriction	From birth to 15th birthday
Automatic extension	No