Credit Cards

SGKB Youth Savings Account

  • Youth savings account

General information:

Not suitable for payment services.
The youth savings account cannot be opened online.
The youth savings account can only be opened by the parents or the holder of custody. The right of disposal is automatically transferred to the child on their 18th birthday.

Age:
For individuals up to the age of 20.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 20,000: 0.5% per year.
From CHF 20,000: 0.25% per year.
Withdrawals:

From the age of majority of the holder: Withdrawal possibilty: CHF 20,000 per month. Larger amounts are subject to a notice period of 35 days. 

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:
The termination of the banking relationship is free of charge.
Minimum deposit:
Not specified.

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