MAKE A HAPPY CHILDHOOD HAPPEN Bubašpara children’s savings
Grant your child desired future with the Bubašpara children’s savings, which grows alongside them. Open an account at any RBA branch, and easily deposit and monitor your savings through mojaRBA application.
Term children’s savings deposit
Savings for an agreed term with monthly deposits starting at 15 euro. Also, amounts larger than agreed can be deposited.
Fixed interest rate
Interest rates are fixed, declared on a yearly basis: 1.80% for a 24-month term and 2.00% for a 36-month term.
Premium for interests
In addition to the savings interests, you can gain a premium. The premium is 25% and it is computed at term expiry, for the total interests computed.
Who can open Bubašpara children’s savings?
- Bubašpara children’s savings can open child's legal representative or guardian.
- Agreement can be made exclusively to the name of the minor, for two or three years, irrespective of the number of months left until the minor comes of age. If the minor reaches 18 or more years of age at agreement maturity, they dispose of the savings themselves.
- Children’s savings are contracted without the option of automatic renewal of a term savings deposit agreement. After the agreed term expires, new savings are agreed for a desired term.
How to open Bubašpara children’s savings?
Come to the nearest branch
with the identification documents of the parent or guardian (ID card or passport) and the child’s birth certificate or the Decision on Guardianship.
Open the RBA account
to which the savings funds, interests and premium will be transferred after the savings term expires.
Contract the Bubašpara children’s savings
and start saving for your child with any amount from 15 euro a month.
How to withdraw children’s savings?
- Children’s savings funds (the principal) are disbursed to the minor’s account after the agreed savings term expires or at the moment of early savings termination.
- Interests are computed and credited to the savings principal at expiry of the agreed savings term or at early savings termination.
- Premium is calculated at expiry of the agreed savings term for the total interests computed and it is credited to the savings principal. In the case of early savings termination, the right to the premium is forfeited.
Schedule a meeting
FAQ
Find answers to the frequently asked questions.
Subsequently you can pay also any amounts larger than the contracted monthly minimum amount and you are entitled to the contractual interest rate for every additional payment. The base for calculating the interest rate is the amount of an individual deposit, and the interest rate is computed from the days of each individual deposit until the savings term expiry. Deposits can be paid through the mojaRBA mobile and internet banking or at the bank’s branches as well as by way of a standing order.
The right to a premium is exercised:
- if the entire term duration has been observed, and
- if at the term expiry, the total agreed minimum amount has been paid, which corresponds to the amount of the number of agreed term deposit months multiplied by the minimum agreed monthly deposit amount.
In the case of the 24-month term and minimum EUR 15,00 monthly deposit, the total minimum amount at the term expiry needs to be EUR 360,00.
Savings are insured at the Croatian Deposit Insurance Agency in accordance with the Law on Deposit Insurance System.
Useful documents
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