Stanbic IBTC Chess Account from Stanbic IBTC Bank | Evesting

Offer Details

Manager
Manager

Stanbic IBTC Bank

Minimum Deposit
Minimum Deposit

₦2,000.00

Interest Rate
Interest Rate

1% per year

Status
Status

Open

Interest Payout
Interest Payout

Onmaturity

Last Updated
Last Updated

September 09, 2021

About Offer

The flexible CHESS account makes every Naira count for you and your child.

FEATURES

  • An account to manage your child’s savings for educational fees, extra classes, or simply learning about money.

  • The interest rate of 1% above the average savings account.

  • Forfeiture of 1% interest upon more than 1 withdrawal in a quarter and forfeiture of savings rate if there are more than 4 withdrawals in a month MasterCard debit card for easy access to your money.

  • 24/7 Access to the customer care centre via phone, email and social media.

  • Full digital banking access – internet, app and USSD.

  • Payment of cheques and dividend warrants when KYC requirements have been met.

  • N 2 000 Opening balance

  • Minimum N 5 000 daily balance

REQUIREMENTS

  • Minimum opening balance of N2 000

  • Application form

  • Child’s birth certificate

  • Two recent passport photographs of the child

  • Two recent passport photographs of the parent

  • A valid ID of the parent

  • Two reference forms - to enable cheque payments (Optional)

Product Analysis and Performance

Performance
Product Engagement

Indicates the ability of the fund to generate superior returns

12 Interests
Performance
Suitable Investor

Investor type

Explorer
Performance
Product Ratings

Shows how well the product is loved and it's great performance

3.0 Rating
Performance
Risk Analysis

Fund's capability to generate risk-adjusted returns

Low

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