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Bank of Ireland Child Save Account

Child saver | Lump sum saver | Regular saver | No minimum term | Minimum balance: €1 | Rate: 0.25% AER (variable)

Bank of Ireland
Account details
  • Regular deposits are not required.
  • No minimum term.
  • 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 introductory offers are available.
  • Joint Account not available.
  • No ATM card.
Summary

0.25%

AER (variable)

Bank of Ireland Child Save Account

Instant access to your savings.

Restrictions & charges

About the account

  • 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.
  • 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.
Summary

0.25%

AER (variable)

Bank of Ireland Child Save Account

Instant access to your savings.

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