The Bank of East Asia

The Bank of East Asia Ltd

Phone: (44-20) 7734 3434
Fax: (44-20) 7734 0523
Email: info@hkbea.co.uk
Name

Children's Account

Description
We offer children's accounts that are specifically designed for our young savers to help them learn the basics of money management. The accounts are customised in such a way that only basic features are offered to our younger savers. However, as they grow and become more financially independent, their account features will grow with them. For example, cheque books and online payment facilities are only available to those who are 16 years old or over.
Interest Rate
£10 - £3,000 3.0300% AER
£3,000 + 0.1300% AER
Minimum Balance
£10
Service Charge
Tax (currently at 20%) will be deducted from the interest you have earned before the interest is paid into your account, unless you register your account with us to receive gross interest.
Eligibility
Age Between 13 - 15.
Featured
Yes

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