Children's Savings

Open a RaboDirect Children's Savings Account (Minor Account) and start saving or investing for the small fry in your family; your kids, grandkids, nieces or nephews.

For on demand personal savings we're offering a rate of *3.10% Fixed, gross/AER** for amounts from €0 to €20,000 effective until 2/04/12 with the Standard variable rate applying thereafter. A Standard variable rate of *2.4% Gross/AER** on remaining amounts above €20,000. There are terms and conditions, but nothing sneaky.

Save your monthly Child Benefit

No matter what time of the year it is, it's always a good time to become a clever cloggs about getting your monthly Child Benefit working that little bit harder. 

Make sure you automatically deposit your monthly Child Benefit directly from the Department of Social and Family Affairs into your RaboDirect Children's Savings Account.  This is done really easily. Then all you need to do is sit back and watch your savings grow!

Just look how much you could earn over 18 years.
(And don't forget the interest!)

Source: Department of Social and Family Affairs

Remember, just like the RaboDirect On-Demand Savings Account, the Rabodirect Children's Savings Account is instantly accessible so you can get your hands on your money anytime without penalty.