Savings Account - FNB Youth Savings Account

FNB Youth Savings Account


FNB Youth Savings Account

The FNB Youth Savings Account is designed for children to learn and manage their money…



out of 0 Reviews

FNB Youth Savings Account

The FNB Youth Savings Account is designed for children to learn and manage their money wisely from a young age to prepare themselves for a financially smart future. The FNB Youth Savings Account has a variety of benefits and teaches the joy of saving and having financial security. The specialized youth account allows you to transfer money safely and easily using a PIN based MasterCard debit card. It is available for people aged 18 and younger.

FNB Youth Savings Account Features:

  • There is a  minimum deposit required to open the account.
  • There are two pricing options to choose from.
  • Benefit from free inContact – to keep track of your transactions via SMS or e-mail.
  • You can redirect account fees to a parent’s FNB account.
  • You will have access your accounts via ATMs, Online Banking, Cellphone Banking or FNB branches.
  • You can earn between 0.25% – 1.80% interest on savings balance.
  • You can withdraw money and use your card to pay for purchases in store.
  • Pay no monthly account fees (balance of R500).
  • Benefit from two free debit transactions each month.
  • Free [email protected]™ withdrawals when paying for your shopping at most Checkers, Shoprite and Pick n Pay stores.

If you are below the age of 16, your parent or guardian needs to accompany you with the following documents:

  • Their green South African ID book.
  • Proof of residential address (e.g. original council/telephone bill reflecting your parent’s or legal guardian’s name and address).

If you’re over 16, you’ll need to bring along:

  • Your South African ID book/birth certificate.
  • Proof of residential address.


Fnb Contact Details:

Address: 1 First Place, Fnb Bank City,

Simmonds Street, Johannesburg, 2001.

Tel:  087 575 9404

Email: [email protected]


Account Details

Monthly Fee (R) 0.00
Minimum Opening Balance 0.00
Minimum Age 0-18
Best Interest 2.95%

Interest Rates

R50 - R1,000 1.40%
R1,000 - R10,000 1.90%
R10,000 - R50,000 1.90%
R50,000 - R100,000 1.90%
R100,000 - 1,000,000 2.95%


Cheque Deposit Branch R30.00
Cheque Deposit ATM R30.00
Cash Deposit Branch R1.65/R100.00 (minimum R50.00)
Cash Deposit ATM R0.70/R100.00 (minimum R5.50)

Cash Withdrawals

Branch counter R50.00 + R1.65/R100.00
Own Bank ATM 4 Free, R3.95 + R1.30/R100.00 thereafter
Other Bank ATM R10.45 + R1.30/R100.00
Overseas ATM R50.00 + 2% of the transaction value

Account Payments

ATM R0.00
Branch Counter R50.00

Debit Orders

Internal Debit Orders R0.00
External Debit Orders R0.00

Fund Transfer

ATM R0.00
Branch Counter R50.00

Balance Enquiries

ATM R0.00
At Other Bank ATM R5.00
Branch counter R5.00
Overseas ATM/POS R5.00


Branch R13.00 per page
ATM R4.00

Administration Fees

Bank cheque/marked cheque R80.00
Stop payments R5.00
Stop order R0.00
Special clearance R100.00

Share Your Thoughts About FNB Youth Savings Account using Facebook

Rate FNB Youth Savings Account

Rate FNB Youth Savings Account


Powered by WhatsApp Chat

× Whatsapp Chat