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Childsave Account
Benefits of the Childsave Account:
A Childsave account gives you the peace of mind in knowing that you have something put by for your child’s future.
It’s a simple and easy way to save.
- Easy way to save for your child’s future
- Use direct debit and/or lump sum lodgements
- Family and friends can open one too – ideally suited for godparents and grandparents
- Save by monthly direct debit – minimum €20 per month, maximum €500 per month
- Lodge up to €10,000 in lump sum payments
- You can withdraw your money from the account, once a month, without penalty
- The account is opened in respect of the child (which must be under 7 years old) – we will write to you prior to the child’s seventh birthday to advise you that once the child reaches the ages of 7, a Young Savers account can be set up in the child’s own individual name
|
LodgmentRange |
Gross Rate (per annum) |
AER (Annual Equivalent Rate) Variable |
|---|---|---|
|
€1+ |
0.25% |
0.25% |
All interest rates are quoted based on a 365 Day calendar year.
Interest is subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate.
Download the Childsave Account terms and Conditions. (PDF 106KB)