How to Open a Savings Account for Your Children

10 November 2022

Teach Children to Save Early

Apply SuperKidz Savings Now

It is critical for parents to understand that in order to teach their children about saving, they must first open a saving account for their children. This is a type of financial management skill that children must learn at a young age.

You can start teaching your child to save money as early as possible. As a result, Maybank offers the Maybank SuperKidz Savings, a special savings account for children. Using these savings, you can teach your child to save in a fun way.

Maybank SuperKidz Savings can provide you with a variety of advantages. Here are a few examples:

  1. No administrative fee.
  2. No fees for transfers to other banks via Maybank ATM if the balance prior to the transaction is greater than IDR 10 million.*

*) Minimum amount of account balance before transaction + non-withdrawal minimum balance which is based on terms of each product as informed Click here

Learn about the following terms and conditions before opening a Maybank SuperKidz Savings account:

  1. Initial deposit of IDR 100,000,- .
  2. Fill out the savings opening form and statement letter for the Maybank SuperKidz Savings at the nearest Maybank branch office.
  3. A copy of the parent’s ID.
  4. Children under the age of 17 must present a Birth Certificate or Family Card.

The following are the steps for opening Maybank Tabungan SuperKidz:

  1. Go to the nearest Maybank branch office and make sure to complete all of the above requirements.
  2. Before opening a savings account, the Maybank Officer will go over the requirements, interest rates, and other costs in detail.
  3. The customer will be required to complete an application form.
  4. Submit the form along with the required documentation and a deposit of IDR 100,000.-
  5. The form and requirements will be reviewed, and the officer will open the Maybank SuperKidz Savings account if everything is correct and complete.
  6. The Maybank SuperKidz Savings application process is complete. Customers will be given an account book and an ATM card to help with transactions.

Isn't it simple to open a Maybank SuperKidz Savings account? Visit nearest Maybank branch office immediately!

To facilitate the provision of funds to Maybank Tabungan SuperKidz, parents could also open a Maybank Tabungan MAKSI/ Maybank Tabungan Pro/ Maybank Tabungan U account. Sharia-compliant savings are also available.

Please visit here for more information on how to open a SuperKidz Savings account.