123 Cool Kids Savings Account

123 Cool Kids Savings Account imageOffers parents and guardians an opportunity to save for their children’s future. It is also aimed at educating the youth and motivating them to develop a savings culture.

Target Market:

  • Young children
  • Teenagers
  • Parents and guardians

Account Features:

  • Open with as little as Kshs 500
  • Minimum operating balance is Kshs 500
  • One free Bankers cheque per term
  • Balance to get Hippo Bank is Kshs 700
  • Access to school fees loan
  • Interest is paid to balances above Kshs. 5,000

Account Opening Requirements:

  • Certified copy of birth certificate of the child
  • 1 Passport size photograph of the child and the parent’s/guardian’s
  • Certified copy of passport/ID of parent/guardian

Tariffs:

  • No Ledger fees charged
  • Half yearly statement of account free

 

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