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  4. Smart Kids Save (SKS)

The Guaranty Trust Bank Smart Kids Save (SKS) account is available in two categories:

  • SKS (0 – 12 years)
  • SKS Teen (13 to under 18 years)*

* The SKS Teen account is an additional account opened when the Smart Kid is/becomes 13 years and older.

SKS Teen Card

Smart Kids Save account For Teens, before 18 years. An additional account opened when your child is/becomes 13 to 17 years

Documentation

  • One passport photograph of signatory and Smart Kid.
  • Smart Kid's NIN and Guardian's NIN
  • BVN and/or NIN of each signatory for identity verification.
  • Utility bill.
  • Copy of Smart Kids Birth Certificate.

Features & Benefits

  • ​Minimum opening/account balance of N1,000.00 (One Thousand Naira Only).
  • ​Competitive interest rates at 5.25% (the more you save, the more you earn).
  • Allows lodgments of cheques, drafts and dividends into the account, subject to a maximum of N1,000,000 per instrument.
  • Periodic lodgements can be made into the account through Standing Order/automated direct debits.
  • Complimentary invite to SKS Fun events.
  • SKS can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Smart kid saver has attained the age of 18​.
  • ​From the age of 13, an SKS Teen account will be opened for the teenager which comes with a Trendy Teen MasterCard (issued upon Parent’s request) so the child can learn to manage money responsibly.