What it means for you
Secure the future of your child
Start your child’s financial journey with the CalBank KiddySave Account. Designed for children up to 18, this account features zero monthly fees, allowing you to save more for their education, career, and future milestones. It’s a simple way to teach financial discipline while building a secure future.
What it means for you
Secure Your Child's Future, One Cedi at a Time
CalBank KiddySave Account helps children up to 18 build financial discipline early. With no monthly fees and added benefits, parents can save toward their child’s future needs including education or trade, even in unforeseen circumstances.
CalBank KiddySave Account
- Operated by the parent or guardian (trustee).
- Upon attaining 18 years, the account is transferred into the child’s preferred CalBank account type.
- Optional life insurance cover to protect the savings.
- Access to e-statements.
- One withdrawal is allowed per year, with trustees permitted to withdraw up to 20% of the total account balance annually.
- Account can be upgraded to a Teen Account when the beneficiary turns 13 years.
- Trustee may apply for a loan to pay the beneficiary’s school fees using the account savings as collateral (terms and conditions apply).
Competitive, tiered interest is paid on account balances of GH¢200.00 and above.
Available for children from birth to 18 years.
- Valid national ID – Ghana Card only
- One (1) recent passport-sized photo of trustee.
- Valid identification of child (e.g. birth certificate, passport, baptismal certificate, etc.
- One (1) recent passport-size photo of the child.
- Proof of residential address (e.g. utility bill, introduction by a current account holder of any bank, location verification).
- Initial deposit is GHS100.00
