Prepaid card

BKB Youth Savings Account

  • Youth savings account

General information:

Not suitable for payment services.

Age:
For individuals up to the age of 26.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 20,000: 0.7% per year.
From CHF 20,000: 0.35% per year.
Withdrawals:

The parents manage the account until the child reaches the age of majority. Payouts are only possible to a limited extent.
From the age of majority of the holder: Withdrawal possibilty: CHF 50,000 per year. Larger amounts are subject to a notice period of 3 months.

Account opening fee:
The account opening is free of charge.
Account management costs:
The account management is free of charge.
Closing of account fee:
The closing of account costs CHF 20.00.
Termination of banking relationship:
Not specified.
Minimum deposit:
Not specified.

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