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Prepaid card

Raiffeisen Youth Savings Account

Youth savings account
Interest rate may vary between bank branch offices

General information:

Not suitable for payment services.
Parents manage the account until the child reaches the age of majority.
Interest rate recommendation by Raiffeisen Switzerland to member institutes.
Interest rates may vary depending on the branch.

Age:

For individuals up to the age of 18.

Account type:

Youth savings account

Currency:

CHF

Interest rate:

Up to CHF 50,000: 0.7% per year.
From CHF 50,000: 0.15% per year.

Withdrawals:

Withdrawals up to CHF 20,000 per month are allowed without notice. There is a notice period of 3 months for higher amounts.

Account opening fee:

The account opening is free of charge.

Account management costs:

The account management is free of charge.

Closing of account fee:

The closing of account is free of charge.

Termination of banking relationship:

The termination of the banking relationship is free of charge.

Minimum deposit:

Not specified.

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