Investec Private Bank Account clients can open an Investec Youth Account for children (under the age of 25) for no additional monthly fee.
A Youth Account that kick-starts your child's financial future
Transact, withdraw, access
The Investec Youth Account is a separate transactional account in your child’s name and comes with an internationally accepted Visa debit card embossed with their name. It offers unlimited free card transactions, free cash withdrawals at till points of select retailers and unlimited. complimentary access to all SAA-owned and Bidvest Premier lounges in South Africa. It also offers basic travel insurance when buying international travel tickets using the Visa card.
Complimentary savings account
To teach children about the importance of saving, a PrimeSaver savings account is automatically opened with the Youth Account. With no monthly fee, this instant-access savings account is one of the best in the market, offering a premium prime-linked interest rate. There is no minimum balance requirement.
24/7 access through Investec Online
Youth Account holders will have their own Investec Online login as well as access to the exclusive Investec Youth App. This easy-to-use online banking service and mobile app lets account holders perform their own transactions, make balance enquiries, set up savings goals, transfer funds and pay beneficiaries as well as purchase data, airtime and prepaid electricity.
You also get full access
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More information on the Youth Account