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Junior Savings Account
Personal Banking Deposit Junior Savings Account

Give your child a headstart towards a financially savvy future.

The PPCBank Junior Savings Account is a new savings initiative that enables Junior users to engage with online banking services, but with limited functions. The Junior users are managed by their Parent user through Mobile App.

Interest Rate (p.a.)0.5%1.5%
Transaction Limit1,0004,000,000
Daily Limit1,0004,000,000

  • No initial deposit.
  • Very competitive interest rates.
  • Helps children manage their money and develop an early savings habit.
  • Helps children experience banking services through PPCBank Mobile App.
  • Parents monitor and control their child’s banking activities.
  • Parents can set spending limits and receive real-time notifications.
Parent / Guardian
  • Parent must be a PPCBank customer
  • Be at least 18-years-old.
  • Valid ID Card, Passport and/or other documents that indicate a relationship between the parent/guardian and the child.
Junior / Child
  • Aged under 17.

Mobile Banking onlyMobile Banking only
Availabe Functions for JuniorTop-Up, Pay by QR, Receive by QR, Request Money from Parents
Interest PaymentUpon account closure
Account Access Channels PPCBank Mobile App and other electronic channels
Access to Close/Deactivate the AccountManaged by parents only
Early ClosureFree
Service FeesFree

Important information

  • Phone number must be new to create the account for Junior. Existing phone number already registered with PPCBank Mobile App is not allowed.
  • The Parent user is the only legal account owner, and has all rights to fully control and manage the Junior Savings Account.
  • Only one Junior Savings Account per Junior User ID can be used.
  • If the Junior opens their own account by e-KYC or visiting the branch, the linked Junior Savings Account will be auto-disconnected from their mobile banking app.