Children's Savings Account
Children's Savings Account
The big return for your little ones
Save smart and early for your children with the Children's Savings Account with a preferential interest rate. By doing so, you can help your children to make their plans a reality and get them off to a flying start when they turn 18.
Open a free account
High preferential interest rate
Your child benefits from a preferential interest rate for the entire term. This is higher than our regular Savings Accounts to ensure the best possible return for your little ones.
0 to 18 years
The parents of children or young people aged 0 to 18 open the Children's Savings Account in their name.
Secure
We are a Swiss bank with depositor protection. Your savings are protected up to CHF 100,000 per customer relationship.
Free
Your Children's Savings Account is free of charge to open and maintain. There are also no fees for deposits, transfers or withdrawals.
mySavings
mySavings allows you to maintain an overview of all your savings products online. You can access your savings, annual interest income and tax documents online at any time.
100% digital
You can open an account online in just a few minutes, with no fuss or paperwork. You can manage your account online at any time, view account transactions and send us orders.
Services and conditions
Children's Savings Account
Interest rate1
Suitability
Withdrawal / availability2
The account opener has the right to dispose of the savings balance subject to a cancellation period of six months.
Advantages
- Preferential interest rate from the first Swiss franc
- Market-oriented interest rate
- No maximum amount
Withholding tax
Account overdraft
Account opening
Account management
Booking and balancing charges
Account statement/balance
Online access
Further provisions
Uncomplicated paperless communication exclusively via mySavings access.
Payments can be made easily via IBAN and QR payment slip.
Simply notify us of withdrawals online via mySavings.
The General Terms and Conditions for savings products of Cembra Money Bank AG apply.
No powers of attorney can be granted to third parties.
2) If the notice period is not complied with, an early withdrawal penalty of 2% is charged on the amount in excess of the available withdrawal options.
