The Cub Account teaches your child how to save for the future and have fun doing so! This account offers attractive profit rates on savings and does not have any service charges.
Benefits
Discounts available
Discounts from selected partners.
Free banker’s cheque
Free banker’s cheque every school term.
Free transfers to school account
Free transfer to school account within KCB for fee payment.
Annual events
Annual fun events (as per marketing’s calendar).
Savings plan
Savings plan for children needs.
Returns on savings
Enjoy returns on savings that you have.
Bank Statements
Access to bank Statements – monthly, quarterly or half yearly.
What We Need From You*
- Original National ID or passport for guardian/parent.
- Birth certificates/notification of birth of child.
Rates & Fees*
- Free Education policy.
- Free standing order from parent/guardian’s account.
- Withdrawals limited to one per month.
- Opening Balance - Kes 1,000.
- Minimum Operating Balance - Kes 1,000.
- Ledger Fee - Nil.
- Maintenance Charge - Nil.
- One free STO per month.
- 15% withholding tax on profit payable.
- One free banker’s cheque every school term.
