Polaris Rainbow Savings Account

A special savings account for children (0-17years) opened by Parents/Guardians who wish to imbibe a savings culture in their children. The account enables children to save and learn the value of money as well as develop a savings culture early in life.

Download our Polaris Xperience App and set up a Standing Order Instruction from your device and watch your children’s funds build up.

Features & Benefits
  • Opening and minimum operating balance of N1,000
  • Special interest rate of 1% above standard savings rate
  • Issuance of debit card on parent’s request
  • Opportunity to save regularly with Standing Order
  • Opportunity to participate in special competitions to win exciting prizes
Account Opening Documentation
  • Duly completed account opening application form
  • Two (2) recent identical passport photographs of parent(s) and child
  • Means of identification of parent (International passport, driver’s license, National ID card, Voter’s card)
  • Proof of Address (PHCN bill, Water bill, Waste disposal bill, Rent Receipt, Tenancy Agreement, Tenement Rate, Government Issued ID Card with Holder's Address)
  • Child's Proof of Age document (Evidence of birth, Birth Certificate or International Passport)

Download PolarisXperience or PolarisMobile from the App Stores.


Our relationship with you goes beyond banking.