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Whether you are a parent, grandparent, friend or other relative, you can give the children in your life a financial head start by opening a savings account on their behalf.
| Summary box Key product information for this account |
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|---|---|---|
| Account name: | Child 50 Day Notice Savings Account | |
| Interest rates (AERs): | Tiered rates from 1.48% - 2.12% variable gross pa/AER. See all rates. |
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| Tax Status: | Interest will be paid gross subject to completion of a R85 tax form. | |
| Conditions for bonus payment: | Not applicable to this type of account. | |
| Withdrawal arrangements: | 50 clear days' notice is required before withdrawing funds. You will be charged a penalty of 50 days' gross interest on the amount withdrawn if you do not give us 50 clear days' notice of withdrawal. | |
| Access: | Enjoy easy access to your money over the phone 8am-6pm Mon-Fri, or make transactions at a time that suits you with our online service. | |
To apply, call us on 08457 55 56 57, Mon-Fri 8am-6pm (call charges may vary).