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Child Deposit

Start securing your child's education and future today with Credo Bank's Child Deposit.

You can add any amount to the children's deposit at any time, ensuring continuous growth of your savings.


Child deposit accounts are an excellent way to introduce children to the concepts of saving and financial responsibility. By starting early, parents can help their children build a strong foundation for future financial health

TERMS
  • Term of Deposit: Until the child comes of age, minimum 2 years, maximum 18 years
  • Deposit Currency: GEL, USD, EUR
  • Minimum Amount to Open Account: 50 GEL, USD, EUR
  • Contribution Amount: Unlimited, both minimum and maximum
  • Interest Accrual: Full interest is charged for each completed year even if you can't add money in some months
  • Termination: Requires the consent of both parents
ADVANTAGES
  • Flexible Schedule: Deposit and manage funds at your convenience.
  • Guaranteed Growth: Interest is accrued regardless of monthly contributions.
  • Full Interest Benefit: Receive the full interest benefit for each completed year.
INTEREST RATES

DEPOSIT INSURANCE

By the law of Georgia on the "Deposit Insurance System", from January 1, 2024, all deposit amounts in commercial banks and micro-banks are insured up to 30,000 GEL per depositor. This insurance is automatic and does not require additional compensation. For more information, visit the Deposit Insurance Agency

Contact Us

R.Tabukashvili 27, Tbilisi

Mon-Fri, 10:00 - 18:00

(032) 2 42 42 42

info@credo.ge