RHB Bank Junior Banker Account Interest Rates

RHB Bank Junior Banker Account Interest Rates

RHB Bank has a savings account for children called the RHB Bank Junior Banker account which pays one of the highest interest rates. For sums less than $10000, the RHB Bank Junior Banker account pays 0.45% interest rate per annum, which is certainly one of the highest interest rates for children's savings account.

In fact, the interest rates rises if you deposit more into the RHB Junior Banker Account.

RHB Junior Banker Interest Rates*
Deposit Amount / Interest Rates*

Less than S$10,000
0.48% p.a.

S$10,000 - S$49,999
0.58% p.a.

S$50,000 and above
0.78% p.a.

Other perks that come with opening the RHB Bank Junior banker Account include:

Free personal accident insurance coverage** for the child on the RHB Junior Banker Account programme:-

RHB Junior Banker Free Personal Accident Insurance:
Deposit balance*** / Coverage Amount
S$500 and above
100% of deposit balance (Up to a maximum coverage of S$150,000)

Free life insurance coverage** for the parent of RHB Junior banker:-

Junior Banker Free Insurance
Deposit balance***/ Coverage Amount

S$2,000 - S$9,999
60% of deposit balance

S$10,000 - S$49,999
80% of deposit balance

S$50,000 and above
100% of deposit balance (Up to a maximum coverage of S$150,000)

Automatic membership to RHB Junior Banker Club
RHB Junior Banker Club offers an exclusive membership card and privileges

• 50% discount on the first year rental of your safe deposit box for RHB Junior Banker parent
• Free multi-functional safe cum candy dispenser^ with a minimum S$500 initial deposit
• Additional cuddly RHB Max the Lion soft toy^ when you make a minimum S$1,000 initial deposit

Check out the RHB Junior Banker Account at their website.