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Children Bank Account

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Making it easy to look after your money

First Equity Bank MyMoney makes it easy to take good care of your money. If you’re aged from 7 to 17, you can save up for something special with a MySavings account. And if you’re 11 or older, you can open your very own MyAccount current account.

 

First Equity Bank MyMoney Children's Bank Accounts
Savings and current accounts for 7 to 17 year olds

 

At a glance

Choose the account that suits you best
Pick from our MySavings savings account, our MyAccount current account, or both (which accounts are available depends on how old you are).

 

Start building good money habits
Having your own bank account is a great way to learn about managing money

Manage your account the easy way
From the age of 11 you’ll be able to use online, mobile and phone banking to check your balance and send money between your savings account and current account.

 

Only spend what you have
You can only use the money that’s in your account. So you don’t need to worry about spending more than you have available

 

MySavings

A straightforward savings account you can open with as little as $10. You’ll earn interest on your savings every month. And if you’re aged 7-10, you’ll also receive a free moneybox when you open your account. Available for customers aged 7 to 17 years old

 

MyAccount

Our current account designed especially for young people. It comes with a contactless Visa debit card, which means you can shop online and in stores. And you can also withdraw up to $100 in cash from any ATM, as long as you have money in your account. Available for customers aged 11 to 17 years old.

Start your banking with First Equity Bank