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Home Retail Banking Accounts & Deposits ChildFirst - Savings Account

ChildFirst - Savings Account

Introducing ChildFirst, the education savings account that keeps pace with your child's growth.

Education is vital, but it is also expensive. Money saved in a ChildFirst Savings Account ensures you to get the best returns and much more...

Earn up to 1% interest p.a. on the ChildFirst Savings account*

Win up to AED 100,000 towards your children's education fees every quarter through our quarterly draw. Every AED 5,000 in ChildFirst savings account earns you one entry into the quarterly draw.

*Terms and Conditions Apply

Product Features

Interest Rate

  • A quarterly draw will be held where the winner will get one year educational expenses refunded (limited to Tuition expenses only) of his/her minor (linked with account).
  • The original invoice of the education institution in the name of the same minor should be presented to avail the prize.
  • The maximum prize amount will be AED 100,000 and minimum prize value will be AED 50,000.
  • Customer will get one entry in the draw per AED 5,000 monthly average balance maintained in the account.
  • At the end of the quarterly Draw, all draw entries from previous quarter will be reset to zero and new entries as per monthly average deposit maintained during the current quarter will be used to choose a winner.

    • Draw Schedule:


    1st Draw January, 2013
    2nd Draw April, 2013
    3rd Draw July, 2013
    4th Draw October, 2013
  • Individuals only.
  • Primary account holder who is qualified legally to open an account with First Gulf Bank with a minor, below the age of 19 years at the time of account opening.
  • Each savings account can have details of one Minor only.
  • Account opening form filled with all the details.
  • Original Passport.
  • Residence Visa.
  • Minor's ID (Minor should be below the age of 19 at the time of account opening).

For more information, please visit us at any of FGB's branch or call 600 525500 or SMS "CHILD" to 2121

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