Hippo Account
Teach your children to save with their own savings and investment account. The Hippo Account is specifically designed for children aged between 3 and 18 years old. Teach your children financial discipline and literacy from an early stage in life in a fun way by creating a banking day with them, let them make account deposits using their savings from the Hippo Bank. This account makes it easy to pay their pocket money with a compulsory monthly stop order.
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.
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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.