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Child Deposit

Your child's secured future starts here!

Child deposit

Do you want your child's dreams to come true easily?


Start taking care of their future today – open a kids deposit at Credo Bank and create a solid foundation for their education and successful future!


Why a child's deposit?

  • Easy start – you can open a deposit from only 50 GEL
  • Complete freedom – add money whenever you want, as much as is comfortable for you
  • High yield – interest is added to the deposit even if you are unable to add money in any month


Calculate the estimated amount of interest you will receive - in the deposit calculator, start saving today and give your child the best gift - future opportunities!

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


*As of January 1, 2018, the Bank participates in the Deposit Insurance System established under the Law of Georgia on the Deposit Insurance System. Upon the occurrence of an insurance event, the available funds on a depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the limit of GEL 50 000, while the remaining amount will be reimbursed in accordance with the procedures prescribed by the applicable legislation.

For additional information, please visit the website of the Deposit Insurance Agency: www.diagency.ge.

PRODUCT USAGE INSTRUCTION

You can request to open a deposit:


INTEREST RATES

Interested?