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 using Debit Point of Sale. All you need is your ScotiaCard Visa 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?
- Show your children the importance of saving
- Accumulate their birthday cash gifts in the account
- Help them with learning about money management early
- 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 depositst
- 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 to make deposits- in-branch, ATM, Mobile
Regular Sundry fees apply.