Goals. A Kenyan proverb! Indeed, goals require you to put aside a little every now and then when you’ve gathered enough, you can achieve your goals… and hey, why not let help us contribute to them with interest earnings?
Access to App and Robotics Development opportunities through the Kiddy Club and Appframe Code Academy (download brochure here)
One free banker’s cheque for school fees per quarter
Free internal standing orders
Access to loans (school fees) of up to 80% of the funds in the account (subject to terms)
Free periodic E-Statements (on request)
Free incoming EFTs (Electronic Funds Transfers) and incoming RTGSs (Real Time Gross Settlements)
Direct deposits to account via Safaricom PayBill No. 669669
Free Bumblebee piggybank
Access an optional negotiated Family Personal Accident Package Cover (accessible to the whole family including your spouse and covers up to 2 children) for only KES 1,000 per annum with benefits such as medical expenses cover of KES 20,000 and much more.
The Fine Print
Account opening balance of KES 2,000
No monthly maintenance fee
No minimum operating balance
No transaction fees
Interest calculated on minimum monthly balances and paid on a quarterly basis
Available for children below the age of 18 years
Account will be graduated to a youth account once the child attains 18 years of age
The discipline required to save towards a certain goal can be daunting. With a little motivation here and there, you can be encouraged to save. At Credit Bank we give you just the right motivator… more money! The CB Soko Account is an investment account that allows individuals to accumulate funds towards a certain goal incrementally. A safe investment vehicle which allows our customers to save and accumulate funds towards a certain prescribed goal.
How it Works
You’ll be required to select a savings term between 1 – 5 years
Set your monthly savings target from a minimum of KES 5,000 to a maximum of KES 1,000,000
Start saving your monthly target and start earning interest on your savings until the term you set above expires