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Why This Is A Perfect Year For A Jumbo Junior Account From Co-op

BY Soko Directory Team · January 28, 2021 09:01 am

KEY POINTS

Jumbo Junior Account makes savings measurable and realistic. Open a jumbo junior account today to start the journey of teaching your child the joy of savings.

2020 was not that friendly to many people in Kenya. If the year depleted all your savings, you do not have to feel bad for it is understandable. But 2021 is here and we cannot keep on mourning about 2020 to the point of letting 2021 melt away.

As 2021 continues to unfold, you must be thinking about making yourself financially stable. But have you thought about your little ones? Have you thought about instilling a savings culture in them? Did you know that you don’t have to save big to make it?

Introducing the Jumbo Junior Account from Co-operative Bank of Kenya. This is a bank account for little people. It is never too late to teach your little ones how to save. Saving is like a habit. It starts as a hobby and with time it sticks forever.

Jumbo Junior Account makes savings measurable and realistic. Open a jumbo junior account today to start the journey of teaching your child the joy of savings and financial security. It’s a transactional account designed for children below the age of 18 years for the safekeeping of money.

The features for this “little account” include:

  • Automatic membership to the Jumbo Junior Club, which entitles one to:

  • Free ele-bank on opening a new account

  • A free birthday card on child’s birthday anniversary

  • Discounted bank cheques for fees payment
  • Interest payable at 3 percent

This is what you need to open a Jumbo Junior Account with Co-operative Bank:

  • Parent’s or guardian’s original ID Card as well as a copy

  • Copy of birth certificate of the child

  • Minimum opening / operating balance of KES 500

  • Debit card (optional) @ KES 600

  • Copy of KRA PIN

READ: Features Of Co-op Bank Current Account You Need To Know

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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