Education Is S.A.F.E With Us
Open a SMART Accelerator Fund for Education (S.A.F.E.) with a minimum of $50. If you start saving a minimum of $50 a month from the birth of your child, you can save $600 annually and a minimum of $9,600 by the time they turn 16.
Tertiary education is one of the most important investments that a family can make. Financing your children’s education can ensure they realise their career goals and start their adult lives on a better financial footing.
This account is specifically geared towards saving for your child’s future. Use the funds to pay tuition, as security for an educational loan, or as seed capital for a start-up business!
*Account must be transferred to a single or joint adult account at age 16. Funds can be transferred to other high-interest-bearing accounts such as the term deposit or SMARTAccumulator.
Open an account online or visit your preferred branch (Walcott Brooks Building, Fairchild Street, Bridgetown; Southern Plaza, Oistins, Northern Business Centre, Speightstown).
Not a member? Don’t worry, it’s easy to join. Sign up here
To start the process of opening your S.A.F.E Education account, complete our Contact Form.
Contact Us
(246) 436-5600 - PBX
(246) 832-1232/1235 - Head Office (Bridgetown)
(246) 230-1613 – Oistins
(246) 233-4588 – Speightstown
Why Save For Higher Learning?
The more you invest in Education, the more money your child could earn in their Careers.
The key to making this dream a reality is by starting to save and invest money as soon as possible. But how to begin? Finding money to save for university/college isn’t always easy.
Like any other major investment, it requires careful planning. With increasing university tuitions and increasing cost of books, competitive scholarship requirements, it’s important that families do the best they can.
Start Small. Open a SAFE investment Account with a minimum of $50 monthly or $600 annually.
Our SAFE investment account is a custodial account. This means you can begin investing for your child’s future from birth until your child reaches 16 years of age. At 16, the account can be transferred to the child or set up as a joint account to help you continue to manage your child’s funds while they are studying at home or abroad.
Grow Your Investment Quickly
Your SAFE Investment Account will accumulate and pay a return of 0.65% annually.