KIDS SAVINGS ACCOUNT
The Kids Win Target Saving Accounts is designed to enable parents/guardians to save for their children aged between 0 – 15 years, whilst also developing a savings culture in them.
- Very competitive Interest rate accruable at 8% annum.
- Parents will have up-to-date information via sms
- Open to all Staff of the Bank/Group
- Parents are allowed to operate multiple accounts if they have more than one child.
- Withdrawal or break in savings consistency will disqualify the account for a raffle draw.
The Kids Win Target Saving Accounts is available in two categories:
CATEGORY A
- Parents shall be required to save a minimum of N20,000 monthly in their child’s account for a period of 9 months.
- The target savings account qualifies the child to WIN a cash price of N100,000 and other consolation prices which will be determined through an in-house draw and communicated via sms.
CATEGORY B
- Parents shall be required to save a minimum of N10, 000 monthly in their child’s account for a period of 9 months.
- The target savings account qualifies the child to WIN a cash price of N50, 000 and other consolation prices which will be determined through an in-house draw and communicated via sms.