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SME Savings Account (Cub)

Save for the future you dream of for your little one future with the KCB cub account. Earn interest of up to 7% on savings p.a., with life insurance for your cub and a cubby kit to grow the savings culture with your young one

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Benefits

Benefits

Free standing order

Free standing order

Transfer money into the account monthly at zero charges

Competitive interest rates

Competitive interest rates

Earn up to 7% interest on your savings per year

Pennywise savings

Pennywise savings

Only one withdrawal a month

Free cubby kits

Free cubby kits

A cubby kit for your child to save money at home

Rates & Fees:

  • Opening Balance: Rwf 50,000, USD100, EUR50, GBP50, KES10,000
  • Minimum Opening Balance: Rwf 50,000, USD100, EUR50, GBP50, KES10,000
  • Account maintenance fee: 0
  • Debit card charges: N/A
  • Debit card withdrawal charge: N/A
  • Cheque book: N/A
  • Free Bankers Cheque: 0
  • Free standing order:
    • Set up fee Rwf 2,000;
    • Monthly transaction to KCB savings account free;
    • To KCB Accounts Rwf 200;
    • To Other banks Rwf 500;
    • Insufficient fund Rwf 5,000;
    • Amendment Rwf 2,000;
    • Cancellation Rwf 2,000.
  • Pay as you use transaction fee: Rwf 300, USD1, EUR1, GBP1, KES100

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