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Hippo Account

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The Hippo Bank account is a fun interest-earning savings account specifically designed for children aged between 3 and 18 years old. This is a savings account for your children that will inculcate financial discipline and literacy in them from an early stage in life.

 

 

Some of the benefits

Good terms

Free ATM card, A membership card for your child that will entitle them to discounted services from our partners.Tiered interest rates on savings.No monthly management fees.Minimum Balance - K250

Personalised

No restrictions on the number of withdrawals.

Flexible

No restrictions on the number of withdrawals. Free access to account to Internet, mobile App and Mobile USSD banking 24/7.

Insured

Cover is paid immediately on the loss of a parent/ guardian, to minimize disruption of the child’s saving routine. Free Accidental Life Cover for the Parent/ Guardian, worth up to K2,500
What you'ii get
  • Birth certificate*
  • A parent or guardian’s ID
  • A parent or guardian’s proof of residence (not older than 3 months)
  • *You must be under 16, and be an Zambian citizen   
How to get it
  • Your parent or guardian must have a Standard Bank account of their own to link your account to.
  • They will also need to bring the following documents into a branch to open your account:
What it costs
  • Free Accidental Life Cover for the Parent/ Guardian, worth up to K2,500.
  • Cover is paid immediately on the loss of a parent/ guardian, to minimize disruption of the child’s saving routine.
  • Minimum Balance - K250
What you get
  • Free ATM debit card.
  • No restrictions on the number of withdrawals.
  • No monthly management fees.
  • Tiered interest rates on savings.
  • No fees on Internet Banking.
  • A membership card for your child that will entitle them to discounted services from our partners.
  • What you'ii get
  • How to get it
  • What it costs
  • What you get
  • Birth certificate*
  • A parent or guardian’s ID
  • A parent or guardian’s proof of residence (not older than 3 months)
  • *You must be under 16, and be an Zambian citizen   
  • Your parent or guardian must have a Standard Bank account of their own to link your account to.
  • They will also need to bring the following documents into a branch to open your account:
  • Free Accidental Life Cover for the Parent/ Guardian, worth up to K2,500.
  • Cover is paid immediately on the loss of a parent/ guardian, to minimize disruption of the child’s saving routine.
  • Minimum Balance - K250
  • Free ATM debit card.
  • No restrictions on the number of withdrawals.
  • No monthly management fees.
  • Tiered interest rates on savings.
  • No fees on Internet Banking.
  • A membership card for your child that will entitle them to discounted services from our partners.