Youth savings account – the savings account for children and young adults

With a preferential interest rate, the Youth saving account ensures that you reach your personal savings goals more quickly. For children and young adults up to the age of 22, it is the ideal supplement to the Mister Money private account or the Young People account set.

Discover our new interest rates and conditions as of November 1, 2023

Learn more

Discover our new interest rates and conditions as of November 1, 2023

Learn more

Your benefits

Ideal supplement to the Young People account set
Preferential interest rate
Free account management

Order

New client

Existing client

Further information

Downloads

Brochure Overview of accounts for private clients (PDF/313KB) Terms and conditions in basic business for private clients (PDF/249KB) Summary of interest rates (PDF/101KB) Information sheet "Management of child's assets" (PDF/243KB)

ZugerKB gift fund savings plan

A gift savings account or gift fund savings plan from Zuger Kantonalbank makes it easy for you to give your child, godchild or grandchild a better financial start to adult life.

More information

Contact us

We will be happy to assist you in selecting your accounts online, by phone or on-site at a branch.

Currency	CHF
Account statement	Annually
Account balancing	Annually
Withdrawals	Balance temporarily available at all times Until further notice, the entire balance is available with no period of notice required. No early withdrawal commission is applied during the temporary lifting of the withdrawal limit. The following conditions will apply if the withdrawal limit is reactivated: CHF 20,000.– freely available per calendar month, 3 months’ notice for amounts exceeding this.
Child assets	If the account is opened by the child’s custodial parent, withdrawals can only be made on a limited basis with the consent of the child’s custodial parent and within the scope of management of the child’s assets until the child reaches the age of majority.
Notes	The Youth savings account cannot be used as linked account (e.g. for securities transactions, financing, safe deposit box) and are not suited for making regular payments. There amount of accounts is limited the four per client As of January 1 after reaching the age of 22, the account is automatically converted into a savings account.

Interest rate now	1.0% up to CHF 25,000 0.4% up to CHF 200,000 No interest on amounts exceding this Overdraft interest 10.0%
Interest rate from 1.11.2023	1.1% up to CHF 25,000 0.5% up to CHF 200,000 No interest on amounts exceding this Overdraft interest 10.0%
Account opening	Free of charge
Account maintenance fees	Free of charge
Account statement	Free of charge ¹⁾
Account balancing	Free of charge
Postage fees	Free of charge
Account closure	CHF 20.–