Zenith Bank
Zenith Children’s Account
Savings account that's designed to allow parents save for their children’s future.
- For children 16 years and below
- Zero account opening balance
- Earn Interest at 7.95% per annum
- Maximum cumulative limit of N1 billion
- Standing order credit option
- Cheque, draft and dividend lodgment of up to 2 million Naira
- ZECA is not subject to probate or administration of estate laws
Interest Rate: |
7.95% |
Cheque Lodgement: |
Allows cheque lodgement |
Last Updated: |
May 27, 2026 |
Product Review
Expert Take
Zenith Bank Zenith Children’s Account scores 4.3 out of 5, led by strong minimum opening deposit. The main tradeoff is interest rate/apy.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate/APY | 7.950% | 2.8/5 |
| Minimum opening deposit | NGN 0.00 | 5.0/5 |
| Withdrawal limits per month | No limit | 5.0/5 |
| Cheque lodgement | Allowed | 5.0/5 |
| Fees | NGN 0.00 | 5.0/5 |
Review Summary
This Zenith Children’s Account from Zenith Bank has received a rating of 4.3 out of 5 stars. Key advantages include 4 notable benefits. However, there is 1 consideration to be aware of.
Pros
- minimum opening deposit
- withdrawal limits per month
- cheque lodgement
- fees
Cons
- interest rate/apy
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