Junior Account
Open an account for your child so that they can start saving independently.
From 12 to 17 years old.
Account earns interest at 2% annual AER up to €50,000
Their future without limits
Bizum
The best option for receiving or sending money immediately.
Debit card
They can have a completely free card in their name. With a limit of €300 per month.
Transfers
They can make free transfers in the SEPA with a maximum of €50 per transaction.
Savings goal
They can create goals to buy anything they want, indicating the name and amount. They can make contributions, change it whenever they want or cancel it.
Parental control
You’ll always be able to control the transactions they make by card, Bizum or transfers.
Junior Account
No charges or fees, earns interests at 2% AER.
You’ll also enjoy these benefits
0 fees
No opening or maintenance fee.
0 conditions
No obligations. We want children and parents to be free!
Encourage the habit of saving
Your child will learn the value of things and the virtues of saving to get them.
The advantages of our accounts for young people.
Same advantages, but without investments.
What do you need to open a Junior account?
1
An active Myandbank account in the name of the parent(s) or legal guardian(s). The process is started on the app.
2
Young person’s documents: valid passport or ID.
3
The account holder will always be the young person. The parent(s) or legal guardian(s) will be the proxies until the young person turns 18.
If you don’t yet have an account,
Follow these steps to open
your account and start saving
Open your digital account
Grab your ID, take a selfie, enter your details and sign your contract with an SMS. It only takes a few minutes and your account will then be activated in a maximum of three days.
Make a transfer
Transfer your bank balance to your new Myandbank account and start enjoying a return of 2% AER for up to €50,000 with no conditions.
Enjoy your interest-earning account
Make free transfers and Bizum payments.
Mini Account
Open an account for your child and make their money grow as much as they do. From 0 to 11 years old
Account earns interest at 2% annual AER up to €50,000
Account with up to three
possible saving goals
Parental control via the app
for parent(s)/legal guardian(s).
If the child has a mobile phone,
you can download the app and give them access on their mobile phone.
What do you need to open a MINI account?
1
An active Myandbank account in the name of the parent(s) or legal guardian(s). Registration starts with the app.
2
Young person’s documents: Valid passport or ID of the child.
3
The account holder will always be the young person. The parent(s) or legal guardian(s) will be the proxies until the young person turns 18.
Follow these steps to open
your account and start saving
Open your digital account
Grab your ID, take a selfie, enter your details and sign your contract with an SMS. It will take you just a few minutes and your account will then be activated in a maximum of three days.
Make a transfer
Transfer your bank balance to your new Myandbank account and start enjoying a return of 2% APR for up to €50,000 with no conditions.
Enjoy your interest-earning account
Make free transfers and Bizum payments.
All you need to do all this is:
- A smartphone with a camera and a good internet connection.
- An Andorran mobile number and an email address to associate with your account.
- If you have Andorran nationality, you only need your passport. Otherwise, you need your residence permit and your passport or ID card from your country of origin.
Legal Notice
1 The account pays 2% APR on the first €50,000 of cash balance, i.e. €1,000 gross per year.
Interest is paid monthly, so at the end of each calendar month we will credit your account with the amount corresponding to the interest generated during this period.
Interest is only paid on account balances up to €50,000. Myandbank reserves the right to modify or cancel the promotion without prior notice to the customer.
Download the app
If you don’t have it yet, download it for free.
Remember that it is not possible to use Bizum for instant payments from a tablet or PC.
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