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The Knax savings account

The product for young people between 6 and 12 years of age

The Knax savings account: The preferential rate savings product for young people between 0 and 12 years of age.

This savings account combines all the features of a traditional savings account with the benefits of a modern savings account; it is flexible, easy to access, clear and simple to manage.

The main attraction of the Knax savings account is its high rate of return offered to the account holder from birth up to the age of 12.
From the age of 12 on, the preferential rate is automatically held in the axxess savings account until the account holder’s eighteenth birthday.

The other benefits of the Knax savings account are:

no management or annual settlement charges
and a free account statement sent every quarter.

In addition, funds can easily be added to the Knax savings account by standing order and it can be accessed through S-net, BCEE’s Internet banking product.

Lots of benefits for our young customers

When a child is born, BCEE gives the infant* a gift of EUR 25.
Later on, as part of the annual "Schoulspuerfester”, BCEE gives first year schoolchildren* a gift of EUR 25.
From the age of six, every young person who has a Knax savings account can become a member of the Knax-Club, a club for young people between the ages of 6 and 12 offering educational, beneficial and enjoyable activities.

* Luxembourgish residents