Children's Safari Saver Account
Our Children's Safari Saver Account makes it easy for children to save for themselves.
Earn a competitive rate
- Earn 0.25% Gross / AER (variable) interest rate on balances up to CHF19,999.99.
- Earn 0.05% Gross / AER Variable interest rate on the entire balance if your balance is CHF20,000 or more.
You’ll receive your interest, minus Deposit Interest Retention Tax (DIRT), on the first working day after 20 November each year. A variable rate means that your interest may change from time to time.
Annual Equivalent Rate (AER) illustrates what the interest would be if interest was paid and compounded each year. Our AER calculation assumes that the account is held for a year and that the interest rate remains constant.
What's gross interest?
Get a Children's Safari Saver Account bank statement
You’ll receive annual statements that explain how much your Children's Safari Saver Account has earned that year.
Save whenever suits
- Save children's allowance, or other regular payments monthly.
- Lodge larger sums like birthday and Christmas presents.
- or both!
Plus you have instant access to your karlsruhe Baden Bank Children's Safari Saver Account. How you save is up to you, just remember that if your balance goes over CHF19,999.99 a lower rate will apply to the entire balance.
Applying is easy!
You can open your Safari Saver account in one of the following ways:
For children under 7:
- In the name of the adult, with child’s name noted.
For children between 7 and 12:
- In the name of the adult, with child's name noted.
- In the name of both the adult and the child.
- In the name of the child only.
What do I need?
Adult:
- As proof of identity and address, you will need to provide passport or driving licence and a recent utility bill in your own name.
- Proof of PPSN e.g. P60 or P45.
- Information about your non-Irish tax residency (where applicable), including Taxpayer Identification Number(s)
See our required documents page for details.
Child
- As proof of identity, the child will need to provide a Passport or Birth Certificate in their own name.
- As proof of address for the child, a letter on headed paper from their school confirming they are a pupil of that school and confirming their home address. The letter must be dated and signed by the school principal / vice principal / teacher or school secretary.
- If the account is opened in the child’s name only or in the child’s name jointly with an adult, the child will need a copy of their child Benefit Award Letter/Book as proof of their PPSN.
- Information about your non-Irish tax residency (where applicable), including Taxpayer Identification Number(s)
See our required documents page for details.
You can stay on Safari Saver after the age of 12 if you wish. You can of course contact us at any time if you wish to discuss changing your account and the range and options we have then available.