AIB AIB Junior Saver
How will my savings grow?
About the Account
Value
Provider
AIB
Account name
AIB Junior Saver
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
You can save any amount, as often as you like. An AIB Junior Saver Account is suitable for parents and guardians who want to open a savings account for a child, to make payments into on their behalf.
Introductory bonus
Conditional bonus
Joint account available
Withdrawal notice period
Withdrawals can be made at any time. Until the child named on the account reaches the age of 7, withdrawals can only be made by the Parent/Guardian of the AIB Junior Saver Account. On reaching the age of 7, this instruction can be changed by the Parent/Gu
Interest payments
Credited quarterly.
ATM card
Account notes
The AIB Junior Saver Account is open to children under the age of 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.
About the Account
Value
AIB payment account required
This is a standalone account, you do not require a separate payment account from AIB.
Penalties
Age limits
Minimum age 0 years.
Maximum age 12 years.
Balance limits
Minimum balance €0.
Maximum balance unlimited.
Closing date
Not specified
D.I.R.T.
Interest payments are subject to deposit interest retention tax.
Maximum number of accounts permitted
Not specified.
Fees & charges
Account fee
AIB Junior Saver Account holders are exempt from all account maintenance and transaction fees on their AIB Junior Saver Account. Other service charges may apply.