Open the Genius Kids Account for your children – you will teach them to be responsible with their money and at the same time enable them to save advantageously. The Genius Kids Account is designed for children of up to 15 years of age. From age 8, children can withdraw their allowance from an ATM.
Benefits of the Genius Kids Current Account
- Opening, administration and cancellation for free.
- Fiscal education for the child with regard to the handling of the money.
- The money is not tied up with any termination period.
- Both parents can have the money on the account at their disposal, either together or separately.
Transactions and services
- Free cash deposits.
- One free cash withdrawal from MONETA Money Bank branch per month.
- Free withdrawals from MONETA ATM network. Withdraw maximally 2000 CZK per month.
- An advantageous interest rate of 2.50 % p.a. (with a balance of up to CZK 30,000) and 0.01 % p.a. (with a balance over CZK 30,000).
- A free Children's Maestro card designed solely for ATM withdrawals, with a monthly limit of up to CZK 2,000 (issued since the age of 8).
- Free PIN changes in the MONETA Money Bank ATM network.
- Internet bank Mini for accounts preview only – no active operations.
- Free e-statement sent to Internet Bank Mini.
On the child's 15th birthday, the account will automatically convert into an advantageous Genius Student account, with the same account number.
Open an Account with Us
- Leave us your contact information and our telephone banker will call you back at no cost and help you save on fees.
- You can also open a current account without waiting at any MONETA Money Bank branch.
Conditions for Obtaining the Account
The Genius Kids Account can be opened for children who have not yet turned 15. To open the account, the child’s statutory representative must present:
- The child’s birth certificate (if you have your child listed in your personal identification card, we do not require his birth certificate). In the case of a custodian, foster parent, or a guardian, we accept a court resolution.
- The personal identification card and another identification document (e.g., passport, driving licence, birth certificate) of the statutory representative. Foreign nationals shall present a passport and another identification document.
- A minimum deposit in the amount, as required by the applicable Interest Rate List.
Open an Account with Us
- Leave us your contact information and our telephone banker will call you back at no cost and help you save on fees
- You can also open a current account without waiting at any MONETA Money Bank branch