Its never too early to start planning for your kid’s future. Put your children on their way to financial independence with the KidsFirst savings account. This account is designed for children between the ages of 0-12 to show them how exciting saving can be. With this account, your child also gets to enjoy fun activities such as cool treasure hunts, cinema events and much more all year round, courtesy of FirstBank.
Why Choose this Account?
- This account is opened in the child’s name and operated by the parent/guardian
- Kids are eligible for gift items & scholarships
- Account minimum opening/operating balance of N1,000
- Automatic Transition to MeFirst account when the child attains the age of 13
- Ease and convenience of online banking
- Cheques/Dividend warrant of up to N2 million can be lodged into the account
- Trendy gift item for the child when the account is opened with a minimum of N10,000.00
- Standing order on the payment of tuition/other fees.
Who can Apply?
- Children between ages 0-12.
1) Do I need references for a KidsFirst Account?
- References are not needed for this account.
2) Is it mandatory to have a Debit Card for the KidsFirst Account?
- A debit card is only issued to the parent/guardian if they should you request for one.
3) What will happen to the KidsFirst Account when the child becomes 13 years old?
- The KidsFirst account is automatically converted to a MeFirst Account (FirstBank’s account for teenagers).
- The KidsFirst account is opened and operated by the parent/guardian, giving you total control over the financial security of your child/ward.