Bank of Ireland - Child Save Account

  • Child saver
  • Regular monthly saver
  • 2.00% AER (variable)

Summary

Bank of Ireland - Child Save Account

Regular monthly saver

Deposit Guarantee Scheme

No Minimum term

min/max savings per month

€20.00 / €500.00

Instant Access

More details

Account details

  • Instant access to your savings.
  • Minimum monthly deposit of €20.00
  • Maximum monthly deposit of €500.00
  • 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
  • Credited quarterly.
  • No minimum term
  • Joint account not available
  • No ATM card

Restrictions & charges

  • Maximum age of the account holder is 18 years
  • Maximum balance is unlimited
  • Interest payments are subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate
  • 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
  • Customer must be 18 or over to open a Childsave account. The account is opened in respect of the child (who must be under 18 years old)
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