You can save any amount, as often as you like. A Bank of Ireland Young Savers Account is suitable for parents and guardians who want to open a savings account for a child, to make payments into on their behalf.
Flexible deposit amounts are permitted
No introductory offers are available.
Joint Account not available.
No ATM card.
Restrictions & Charges:
This is a standalone account, you do not require a separate payment account
from Bank of Ireland.
Minimum age of the account holder is 7 years.
Maximum age of the account holder is 12 years.
Minimum balance is €1.
Maximum balance is €10,000.
Interest payments are subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate, currently 41%.
Bank of Ireland Young Savers Account holders are exempt from all account maintenance and transaction fees on their Bank of Ireland Savers Account. Other service charges may apply.
No fees or charges are levied.
The Bank of Ireland Young Savers Account is open to children between the ages of 7 and 12 years. Children can choose to save on a regular basis or use the account for putting away occasional gifts of cash from events like a birthday or special occasion.
Bank of Ireland
Child Save Account
Instant access to your savings.