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Fee-free savings account

Open and manage your bank account online

Attractive interest rate

Access to your savings at any time

Your money kept safe

What is a Youth savings account?

The Youth savings account is an account for young people up to the age of 29, offering a better interest rate (1) than the standard savings account. It can be opened and managed online once you have a bank account.

There’s no savings account limit, so you can guarantee your capital and build up savings to cover unexpected costs and finance future projects.

Savings account in EUR and foreign currencies

At BGL BNP Paribas, you can open a Youth savings account in EUR and five foreign currencies (USD, CAD, GBP, CHF, AUD).

You can save for your projects in the currency you plan to spend, without having to worry about exchange rate fluctuations.

In addition to the base interest rate on all savings deposited into your account, our euro-denominated accounts offer additional interest opportunities during specific promotions. To view the current interest rates on savings accounts, see our terms and conditions.

Saving made simple with regular deposits

Setting up standing orders is the best way to make sure your savings grow steadily and automatically.

If you schedule a monthly €100 deposit for ten years, for example, you will have built up capital of €12,000, plus any interest earned by the savings account.

You can set the amount and frequency based on your goals, and modify them whenever you like via Web Banking.

 

Plan for your personal and professional future

Young People Pack

Study, travel and make payments on your own terms. This free account for people aged under 25 includes essential banking services.

Student loan

Study your chosen subject with a student loan charging maximum interest of 2%, with financial aid from the Luxembourg government. The AideFi application is submitted online through MyGuichet and then on the BGL BNP Paribas Web Banking platform.

Rental deposit

If you’re under 30 years of age, you can get a rental guarantee for your new home without having to pay a deposit up front.

Do you already have a safety net? Are you looking to achieve higher returns?

Direct Invest Clic

Direct Invest Clic is a solution for scheduled regular investment through Web Banking. You can use this automated arrangement to boost your savings by tapping into the financial markets, and to ensure your savings are in line with ESG criteria.

Easinvest

Start saving on your own terms with automatic and scheduled payments. Invest in a range of sustainable funds selected by our experts and have an in-branch adviser help you pick investments based on your goals.

Not yet a client?

Open an account online or in-branch

(1) The Youth savings account offers an attractive interest rate on savings of up to €250,000. Above this amount, the annual nominal rate in force applies. View savings account interest rates.