Junior Savings Account

Saving is now fun for your children. Invest in them to help turn their dreams into a reality.

Features and benefits

  • Earn high interest on monthly average balances of QAR 5,000 and above (1.70% p.a.). Please refer to Deposit Interest Rates section
  • Plus earn an additional bonus rate of 0.25% p.a. when the monthly average balance increases by QAR 2,000 over the previous month
  • Instant access to the account
  • Free JUNIOR branded Debit Card in the child’s name
  • Account opened and operated by the parent/legal guardian on behalf of the child
Earn 1 Pearl Point for every QAR 50 spent internationally (Excluding Cash withdrawals)
  • The interest on the account is accrued based on monthly average balance in Junior Savings Account, and is credited at the end of every month.
  • You can set-up a free monthly standing order for an automated monthly credit for earning the bonus rate
  • Overdraft facility is available. Please refer to Borrow section
  • Available in QAR only

Useful information

  • Under 18 years of age at the time of application
  • An initial opening balance of QAR 1,000 is required
  • The monthly average balance must increase by QAR 2,000 over the previous month to earn additional bonus rate of 0.25% p.a.
  • Complete an application form at any of our branches
  • Provide the documents listed below
  • Valid Qatar ID Card
  • Your child’s birth certificate

  • Valid Qatar ID Card
  • Passport with valid resident permit
  • Your child’s birth certificate
Download Fees and Charges here
Download Terms and Conditions here
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