Access Bank Early Savers Account

The Access Bank Early Savers Account is a savings product tailored for children aged 0 to 18 years. It is managed by parents or guardians in trust until the child reaches adulthood. The account allows for regular deposits and offers a competitive interest rate of 6.90% per annum. Parents can set up standing instructions to automate savings through the AccessMore app, enabling scheduled transfers to the child's account.

Key features include a minimum opening balance of N1000, the ability to deposit dividend warrants, and four monthly withdrawals without losing interest. The account also provides access to educational loans and financial literacy programs. To open the account, parents must submit KYC documentation, proof of residence, and the child's birth certificate. Setting up recurring payments is simplified through the mobile app, allowing users to configure transfer frequencies and patterns.