Children's Savings Account

EBS Children’s Savings Account

Does a savings account come with a Lightsaber? If you have kids, you’ll know they can ask some pretty entertaining questions.

Read more below, or why not request a call back with your local savings expert? They’ll answer any query you have or meet you for a relaxed chat about your options.

Features of an EBS Children's Savings Account

  • One account per child can be opened. The account is to be opened by an adult on behalf of a child from birth to 11 years of age. The adult is the person authorised to operate the account.
  • Minimum balance of €1 and a maximum balance of €5,000.
  • Within four months after the child reaches 12 years of age, the account will be redesignated as an EBS Teen Savings Account. We will write to you both when your the account has converted.
  • This account is for personal customers only.
  • Interest rate is variable and where applicable, interest is calculated daily and credited to the account in June and December.
  • The EBS Children's Savings Account rates, and terms and conditions here and here.

Please note that the General Terms and Conditions for EBS Demand Accounts applies to the EBS Children’s Savings Account which also has its own Specific Terms.

Benefits of an EBS Children's Savings Account

  • No fees or charges on this account.
  • You can view your child’s accounts online here.
  • You can lodge or withdraw money as often as you like.
  • A FREE bonus payment of €20 (Subject to DIRT deduction) may be credited to the account 6 months from account opening, if a minimum balance of €50 is saved and is kept in the account for the first 6 months from the date of opening.
  • A Passbook to keep track of your savings.
  • The account also comes with some fun extras:
    • A Welcome Pack with a piggy bank (no computer game can beat this old-school novelty) and stickers to keep them busy.
    • A Savers Certificate and birthday cards posted to your child.

Important / Regulatory Notice

Important information: Account terms & conditions apply. Interest is subject to Deposit Interest Retention Tax (D.I.R.T.) at the prevailing rate (for more information see