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 Mobile App and set up a Standing Order Instruction from your device and watch the funds build up.

Click here to open a Polaris Rainbow Account online in less than 10 minutes.

Benefits and Features
  • Opening and minimum operating balance of N1,000
  • Special Interest of 1% above standard savings rate
  • Issuance of debit card on parents 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
  • Signature mandate card
  • Two (2) recent identical passport photographs of parent(s) and child
  • Means of identification of parent (Int'l passport, driver ' s license, National ID, Voter ' s card)
  • Utility bill (PHCN, Water bill, Waste disposal bill, Rent Receipt, tenancy Agreement, Tenement Rate, Government Issued ID Card with Holder's Address etc.)
  • Proof of Age document (Notification of birth, Birth Certificate or International Passport)

Download PolarisXperience or PolarisMobile from the App Stores.

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