Young Bee Account - Summit Bank

Young Bee Account

The Young Bee Account is a magical world of saving with many adventures awaiting your young ones. Teach them the importance of saving from a young age, while also keeping them safe and protected with the Young Bee Debit Card, which can be used in place of cash wherever they go. The Young Bee Account is full of fun and easy to open. Simply visit any Summit Bank branch and ask the bank officer to fill out a Young Bee Account opening form.

Key Features

  • Attractive returns
  • Profit Calculation on monthly average balance basis and disbursement on bi-annual basis.
  • No minimum balance

Value Added Services

  • Free transactions over the counter, through the Internet or at Summit Bank ATMs
  • Free Internet Banking
  • Young Bee Debit Card (Charges as per SOC)
  • Free Outward Clearing return Cheques (except if returned due to Funds insufficient as per SOC)
  • Free utility bill payments via branch, SMS, ATM, Internet Banking
  • Free pay orders
  • Free call deposit
  • Free home remittance
  • Fee waiver on maintenance of an average monthly balance of 500,000 (Please find further details in prevailing SOC)

Eligibility criteria

  • Children under 18
  • Parent’s/Guardian’s original CNIC and proof of income required
  • Account Holder’s birth certificate/B form required

*Terms and Conditions Apply

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Last Updated 2023-05-26

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