Youth savings account

The ideal savings account for customers up to the age of 20

With the youth savings account, parents can start saving early for their children’s big and small dreams. Thanks to the preferential interest rate, money grows faster than in a youth account.

The youth savings account is part of a banking package and is suitable in order to:

- start saving early and build up financial responsibility
- save money for your next bike or video game
- benefit from a free savings account with fair interest rates
deposit savings securely in CHF or EUR and manage your account easily online or via the app

Services

Deposit as much as you want, as often as you like
Ten outpayments/withdrawals of max. CHF 100,000 per year free of charge
Free account management online (e-finance and PostFinance App)
Quarterly or annual account statements
Annual interest statement

Everything is included in the banking package

The youth savings account is managed in the free SmartKids and SmartYoung banking packages
Free Mastercard® Value (prepaid card) from the age of 12
Free Classic/Standard credit card from the age of 18

Prices and conditions

Services and prices for private customers (PDF) The link will open in a new window

Account management

Free online with e-finance and the PostFinance App
On request: paper option for CHF 5 per month

Number of free withdrawals/payment slips	10 withdrawals per customer and calendar year (partner accounts count as one customer) CHF 8 for each additional withdrawal
Amount not subject to notice	Per calendar year and customer: 100,000 (regardless of currency) without notice (applies to all savings accounts in total; partner accounts count as one customer). 3 months’ notice period for larger amounts Withdrawal notices are valid for 30 days beyond the notice deadline. No written notice is required for transfer to PostFinance services (with the exception of PostFinance private account withdrawals).
If the notice period is not observed	Charge of 1% of the amount exceeding the limit is charged at end of the month

Interest rates

Balances	Interest CHF	Interest EUR
Balances Up to CHF 25'000.– / EUR 25'000.–	Interest CHF 0.25%	Interest EUR 0.25%
Balances From CHF 25'000.– / EUR 25'000.–	Interest CHF 0.00%	Interest EUR 0.00%
Balances Debit interest for negative balances	Interest CHF 9.50%	Interest EUR 9.50%

All interest rates at a glance

Questions and answers

Children already receive a banking package with SmartKids that includes the youth savings account. Parents have the option of monitoring account management and managing pocket money or birthday gifts securely.

The SmartYoung package is available to young people aged 12 and over. It offers free cards, mobile banking, online banking, support with budget planning, pocket money management and promotes financial independence.

The switch from SmartKids to SmartYoung or from SmartYoung to SmartStudents happens automatically, according to the customer’s age or stage of education. The IBAN remains the same and account management adapts to the current life situation at all times.

Children and young people can invest money with savings accounts, funds saving plans or individual savings goals, benefiting from interest rates or preferential interest rates.

Choose the right SmartKids or SmartYoung banking package

and open the account in just a few steps.

Open now

Does your child or do you as a young person already have an account with PostFinance? Open an additional youth savings account easily online for free.

Order now