Private Accounts

SZKB Youth Savings Account Redy

  • Youth savings account

General information:

Not suitable for payment services.
The opening must be signed by the parents or the legal representative.
When customers reach the age of 18, their Redy youth savings account is automatically converted into a Redy savings account.

Age:
For individuals between 12 and 18 years of age.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 20,000: 0.2% per year.
From CHF 20,000 to CHF 100,000: 0.05% per year.
From CHF 100,000: 0% per year.
Withdrawals:
Withdrawals up to CHF 20,000 per year are allowed without notice. There is a notice period of 3 months for higher amounts.
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 is free of charge.
Termination of banking relationship:
Not specified.
Minimum deposit:
Not specified.

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