Our Karus account is a savings account designed with children in mind. We give higher rates of interest on our Karus account in order to encourage children to save more.
Account features
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for children up to 12 years of age;
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minimum initial deposit €10;
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smart red 'safe' money box on opening of account;
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attractive interest rates;
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account may be opened by either parents or legal guardians, provided the account title includes the name of the child;
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when child is 10 years old, the account may be transferred in the child's name. Child may also apply for a Quikcash card with limited use.
Computer Loan
Karus account holders who have at least started primary school can also benefit from an computer loan of up to €2,000 at a very attractive interest rate and without processing fees.
The loan is issued in the name of parents/legal guardians and subject to normal lending criteria.
