The children’s deposit is meant for saving money for your child to cover the costs they incur at the start of their independent life or other major outgoings, such as tuition fees at university, the cost of driving school, or the deposit for a new car or their own home.
Interest
Seed capital
Period up to
Risk-free
Consistent long-term saving gives your child a head start in independent life. We will contribute 50 euros to your deposit and the money saved will grow 2.5% per year.
The deposit can be set up by a parent in the Internet bank or at a branch of the bank. The last chance is on the 15th birthday of the child. Coop Pank will transfer 50 euros to the deposit as start-up capital.
Parents, grandparents, the child themselves and everyone else can transfer money to the children’s deposit at any time and in any amount.
If the deposit has been in effect for at least three years, it is possible to withdraw the amount in the deposit in the child’s 7th, 10th or 15th year in their birthday month without cancelling the contract.
| Maturity term | 1 month to 10 years |
| Minimum amount | €100 |
| Currency | EUR |
| Interest rate | Up to 3,2% |
| Contributions | |
| Payouts | |
| Interest payouts | Once a month or at the end of contract to current account |
| Age restriction | None |
| Automatic extension | |
| See more | |
| Maturity term | 6 months to 2 years |
| Minimum amount | €10 |
| Currency | EUR |
| Interest rate | Up to 2% |
| Contributions | |
| Payouts | |
| Interest payouts | Once a month or at the end of contract to current account |
| Age restriction | From 7 years of age |
| Automatic extension | |
| See more | |
| Maturity term | No maturity term |
| Minimum amount | €0 |
| Currency | EUR |
| Interest rate | 0,02% |
| Contributions | |
| Payouts | |
| Interest payouts | Once a month to current account or operating deposit |
| Age restriction | From 7 years of age |
| Automatic extension | |
| See more | |
| Maturity term | 3 - 18 years |
| Minimum amount | €0 |
| Currency | EUR |
| Interest rate | 2,5% |
| Contributions | |
| Payouts | In the birthday month of the child’s 7th, 10th or 15th year if the deposit has been in effect for at least three years |
| Interest payouts | Once a month to children’s deposit |
| Age restriction | From birth to 15th birthday |
| Automatic extension | |
| See more | |
Take a look at the interest rates, terms and conditions, depositor information sheet and price list.
