Accounts Savings Account for Young People and Gift Savings Account

Savings Account for Young People and Gift Savings Account

You want to get your child, godchild, or another child you care about off to a good financial start in life. With a Savings account for young people or a Gift savings account, you can save the necessary seed money, thanks to attractive preferential interest rates.

The Savings Account for Young People

The Savings account for young people can be opened by parents on behalf of a child or by a young person. In the first scenario, the parents retain sole access to the account until the child reaches legal age. However, parents can transfer access rights to their child at any time, as long as he or she is age ten or older.

Your Benefits at a Glance

  • Savings account for children and young people with a preferential interest rate
  • Free account management
  • Attractive interest paid on the account balance
  • Simple and convenient asset growth

The Gift Savings Account

With a Gift savings account, you invest in the future of your godchild, grandchild, or another child you care about. Be it as a travel fund or rainy-day safety net. You decide for yourself the frequency and scope of increasing the deposits. The Gift savings account can be combined with an Investment fund savings plan.

Your Benefits at a Glance

  • Savings account with a preferential interest rate up to the recipient's 18th birthday
  • Free account management
  • Simple and convenient asset growth
  • Personal gift certificate for transferring the assets in question to the recipient