Save to unlock their full potential 

Open a Junior Savings Account for your child today.

Their dreams start with your preparation.

A Primary Savings Junior Account is your ticket to making your youth develop good money management decisions. Experience convenient banking through any channel—in branch, via the ATM, using Internet Banking & Mobile Banking or TeleScotia, or when you make purchases online or via point of sale. All you need is your Scotiabank mastercard debit card. 

Open a Junior Savings Account for your children under the age of 18.

Set up an Automatic Saving Plan (ASP) to make regular transfers.

Reasons to open a Junior Account:

  • To show your child(ren) the importance of saving
  • To accumulate their cash birthday gifts
  • To help them learn about money management
  • To teach them to save for special occasions and for future goals

Required documents

  • Child’s Birth certificate or proof of legal guardianship
  • Government issued photo ID for child such as passport OR Photo signed by JP
  • Child’s Taxpayer Registration Number (TRN)
  • J$2500 for first deposit
  • Parents will also need to submit a job letter, valid government photo ID and a utility bill (where applicable)

Features

No monthly fee

Interest calculated on the minimum monthly balance and paid monthly

Scotiabank Mastercard Debit Card for children 12 years and older

Bonus interest as part of Scotiabank Automatic Savings Plan

Flexible and convenient banking – in branch, at ATMs and Scotia OnLine and Mobile.

Find a local branch