Family Savings Account

Home / Family Savings Account

Individuals can open single savings account with all family members. In family savings account, many single accounts can be grouped together and operated separately. In a Family Savings Account, maintenance of average quarterly balance will be at group level, which means there is no need to maintain in every single account.

Fee

Earn cashback on your household bills and interest on your balance for a 5 monthly fee to maintain the account.

Monthly interest of 1.50% AER / 1.49% gross (variable) Interest is only paid on balances up to 20.000

Up to 3% cashback on selected household bills

Pay in at least 500 into your account each month and have at least 2 active Direct Debits

Withdraw up to 300 per day

No minimum monthly balance or minimum salary requirement for any family member