Open a CO-OP Bank Jumbo Junior Account for your child and teach them financial responsibility. Enjoy perks such as interest on savings, free birthday card, discounted school fees bank cheques, and more. Learn about the account opening requirements. To get started, visit your nearest CO-OP Bank branch today.
The CO-OP Bank Jumbo Junior Account is a specialized account tailored for children under the age of 18 years. It is designed to help parents and guardians teach their kids the importance of saving and managing money while also providing them with additional perks.
One of the key benefits of the Jumbo Junior Account is that it automatically grants membership to the Jumbo Junior Club. This comes with several advantages, including a free ele-bank when opening a new account, a free birthday card for your child’s birthday anniversary, discounted bank cheques for fee payments, and negotiated discounts at selected stores and places.
Moreover, the Jumbo Junior Account also offers interest on savings, which can help grow your child’s savings over time. Plus, you can enjoy a free incoming standing order or EFT to help you manage your finances conveniently.
Co-op Bank Jumbo Junior Account Opening Requirements
To open a CO-OP Bank Jumbo Junior Account, you need to provide the following requirements:
- The original ID card of the parent or guardian, as well as a copy.
- A copy of the child’s birth certificate.
- A minimum opening and operating balance of Kes 500.
- An optional debit card, which costs Kes 600.
- A copy of the KRA PIN.
As you can see, opening a CO-OP Bank Jumbo Junior Account is simple and straightforward. It provides parents and guardians with an excellent opportunity to teach their kids the importance of financial responsibility while also giving them access to a host of benefits.
If you’re looking to open a Jumbo Junior Account for your child, be sure to visit your nearest CO-OP Bank branch today