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Young Person’s Growth Account

Give your child freedom, while you stay in control

Debitcard

My child is aged between 0 and 11

Debitcard

My child is aged between 12 and 18

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Frequently Asked Questions

What is a Young Person’s Growth Account?

The Young Person’s Growth Account is a current account for children aged 0 to 18. This account teaches your child step by step how to handle their money while you keep a watchful eye on them.

From what age can I open an account for my child?

You can open a Young Person’s Growth Account for your child aged 0 to 18. You can also request a free debit card for this account. You do this either when you open the account or at a later date. Request a debit card.

Is there a difference between a children’s account and a young person’s account?

No, there is no difference. Both accounts are the Young Person’s Growth Account, but are also referred to as children’s or young person’s account. For your convenience, we have broken down the information on the Young Person’s Growth Account by age group: 0-11 years and 12-18 years. This way, you will always read the information relevant to your child’s age group.

What do I need in order to open a Young Person’s Growth Account?

You will need the following details to open a Young Person’s Growth Account for your child:

  • Your ABN AMRO bank account number.
  • Your child's Citizen Service Number (BSN). You will find this number on your child's identity document.
What are the costs of a Young Person’s Growth Account?

You will not have to pay anything for the Jongerengroeirekening or Young Person’s growth Account. Opening the account is free of charge and there are no monthly fees for things such as the debit card. Only cash deposits and withdrawals may in some cases be subject to a fee. View the current fees.

What can my child do with the bank account?

You decide for yourself what your child can and cannot do with the bank account. Changes must always be approved by you first. You can also see exactly what your child is doing on the account. That way you always stay in control. Wondering how to set up your child's account? We are happy to show you.

How can I add my child's bank account to my overview?

Your child's bank account number will be added to the ABN AMRO app and Internet Banking within 5 working days of the application. The account is not yet visible in your overview. You can set this yourself. See how to add your child’s account.

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Saving: for your child and by your child

A Young Person’s Growth Account is a current account in your child’s name. If you would like to put money aside for your child’s future, open a KidsFuture Savings Account free of charge. If you would like to let your child handle their savings with a savings target, you can open a Direct Savings account for your child.