Tip Your Kids Account
Help your children grow their savings with the Tip Your Kids Account, designed to make saving effortless and purposeful. Round up your purchases to the nearest 5 or 10 JOD, and the difference goes straight into their dedicated account.
Key Features
- Visa Debit Card
- Credit Interest: 0.25% on balances over JOD 100, based on the lowest monthly balance, paid quarterly.
- Schooling Insurance: Insurance for unforeseen events, like a parent’s death, impairment, or disability.
- No Minimum Balance.
- Real-Time notifications: SMS and push alerts.
- iBank.jo: Manage your account anytime, anywhere.
- Accounts aggregation.
- Minimum age: 18 Years.
Commissions and Fees
- Debit Interest: 21% on account excess value.
- Tax and National Contributions: Applied to earned interest.