The account is suitable for Individuals, parents, guardians, relatives who wish to secure a significant amount of money by the time the child becomes an adult.

• The account is opened in the child's name as main beneficiary
• An adult relative must be mandatorily appointed as co-beneficiary 
• Each child can have only one such type of account
• When the beneficiary becomes an adult, the account is converted into a simple savings account

Interest Rate

Up to €3,000 : 0.50%
€3,000.01 and above : 0.70%

The product follows the Credit Interest Rates which are gross, annualized and may change according to the Bank’s pricing policy.

Find out more information about Pancreta Bank’s interest rates here.

To service the regular monthly payment, it is possible to activate a standing order from a payroll or pension account.

In case the minimum regular monthly deposit is not made, the interest rate of the basic savings account is applied.

There is a minimum of €50 for maintaining the high monthly yields and  a maximum of €1.000.

To service the regular monthly payment, you can activate a standing order from a payroll or pension account.

In the event that the minimum monthly amount is not deposited, the account accrues interest at the interest rate of the simple savings account, as defined in the Bank's deposit rates.

• No withdrawals, payments, transfers, or standing orders are serviced
• No debit card will be issued.