This account is offered to children under the age of 16 years. It provides an excellent start to the development of proper money management practices from an early age.
You will only need to submit your child’s Birth Certificate and one of the following: Child’s Passport, Child’s School ID or Child’s Passport size photo signed by a JP along with the amount required to start their Treasure Chest Youth Saving Account.
Requires a minimum balance of $200.00 (0-9 years) & $500.00 (10-15 years).
Interest accrues monthly but is credited to the account semi-annually.
Youth savers receive their own passbooks.
Youth savers stand the chance of receiving Bursaries to attend high school & the Sydney Carter Scholarship to attend University in Jamaica.
Conditions Apply