The savings accounts for kids and teens. Encourage financial literacy early with GoSavers and help kids and teens develop smart saving habits for the future.
Teach your kids the habit of saving with GoSavers
Your kids can be money-savvy with their very own savings account that comes with a debit card and/or passbook. GoSavers is an ideal under-18 bank account, offering teens a savings account that teaches responsible money management early.
This is perfect for parents who:
Have kids 0 to 21 years old
Want to empower their kids with financial know-how
What you’re in for:
Minimum Initial Deposit
PHP 100
Required Average Daily Balance (ADB)
None
Balance to Earn Interest
PHP 5,000
Interest Rate
0.15%
MyDebit ATM Card Benefits
Cashless and Online Shopping
Enhanced Security
Worldwide Acceptance through Mastercard
Manage and access your account 24/7
Transaction Record
Passbook
Statement of Account
What are the requirements to open my child's savings account?
Completely filled out RCBC account opening forms
Any one of the following identification documents
Less than 7 years old (ITF accounts only): Passport, School ID (with proof of enrollment), Birth Certificate issued by the Philippine Statistics Authority (for children who still do not know how to read or write).
From 7 years old to 17 years old: Passport or School ID
From 18 years old to 21 years old: Any valid government-issued ID
Your kids will love the unique look of their very own passbook!
Ready to open your child’s first account? Apply at your nearest branch