Teach your children how to save
By setting up a Savings account for children, you develop the financial literacy and teach them to regularly save money and create a reserve.
Balance up to CZK 100,000
We will credit the children's Savings account with interest rate 3,05 % p. a. from the saved amount up to CZK 100,000.
Bonus for regular savings
Does your child save at least 50 CZK every month? Then we credit the Savings account with interest rate 4,05 % p. a. from the saved amount up to CZK 100,000.
How to create Savings account for the children?
Phone
call
Leave us a contact and we will get back to you as soon as possible.
Appointment
at the branch
Avoid the queues and make an appointment with a banker at the nearest branch.
An example of how your children can use a Savings account
1st month
10,000 CZK
The child deposits saved money from gifts from grandmothers or the part-time job into a newly established Savings account. From the first deposit of CZK 10,000 at an interest rate of 3,05 % per year, your child will receive CZK 25,42 credited for the entire calendar month.
2nd month
50 CZK
Thanks to 1st month condition of min. deposit of CZK 50, your child will receive CZK 33,84 for the entire second calendar month at an interest rate of 4,05 % per year.
3rd month
50 CZK
If your child deposited an additional CZK 50 into the account during the 2nd month, the bonus interest rate of 4,05 % per year will be credited and the child receives CZK 34,12 for the entire third calendar month.
Expressed interest is before tax of 15 %. The example is only informative.
Other benefits of Savings account for children
- Money is available at any time. The children can continuously withdraw money for their small and big dreams.
- You pay nothing for a Savings account for children. Creating and maintaining an account is free.
- Children will be rewarded for regular savings if they save at least 50 CZK per month. But they can save money also irregularly, for example a financial gift from grandmother or money from a summer job.
- For children up to 15 years old, George Junior teaches children how to be financially healthy.
Do you want to create a financial reserve for yourself?
Calculate how much you can save with a Savings Account.
Find out how much I'll save
Teach kids how to take care of their financial health with George Junior
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