RightStart

You are here:

You are here

Home / Personal / RightStart

RightStart

Growing Up With the Plan for Tomorrow

If you are under 19 years of age then you can be a RightStarter. RightStart gives you all the flexibility of a banking account, including an ABM Card, PLUS some really cool RightStart Club benefits!

 

What is RightStart?

RightStart is a savings account.It is specially designed for persons 19 years and under and is only available at Republic Bank Limited. Interest is accrued on the minimum monthly balance and paid quarterly.

What is savings?

Savings is money put aside for use at a future date.

Why should you save?
Your savings will help you
  • to get that special item that you need e.g. a book, a pair of shoes, etc.
  • to have money at a later date e.g. to buy a birthday gift for Mummy, Daddy, your sister or brother, or even your best friend
Why should you save in a Bank?
In a Bank, your money is safely kept for you, so that no one can have access to it without your permission.

Your money will be easy to access, wherever you are in the country, especially in case of an emergency

Best of all! You earn INTEREST, so your money grows when you put it in the Bank. Interest is money the bank gives you as a reward for saving your money in the bank.
 
How can you get money to save?
To be a good saver, you must make saving an important part of your life. You have to decide that you want to save, then look at the monies you receive daily/ weekly/monthly, and decide how much of it you can save. Sometimes you will find it difficult to save because there are so many things that you want – a new DVD game, a new music CD, a new pair of shoes.

Learning to separate your wants from your needs is an important part of saving. So when you are thinking of how you can possibly save some of your allowance, think of buying one (1) snack per week instead of two (2). You have to make a commitment to save!

Tell Mummy and Daddy about your savings goal and ask them to help you save towards it. So next birthday or for that special occasion, when everyone wants to know what you want, ask for a gift in the form of money or a RightStart Gift Certificate.

A RightStart Gift Certificate can be obtained at any Republic Bank branch and it is free! Save your Gift Certificate money and watch your savings grow!

So come in and open your account today!
Here are the features of your RightStart account: Here are the benefits of your RightStart account:

To keep track of your account balance

FREE OneCard (VISA Debit Card) available to all account holders:

12 years & older: card issued in child's name

Convenience of 24-hour access to account via the Blue Machine - one of the largest ABM network locally

Flexibility of paying for goods and services at merchants islandwide - no need to carry cash!

Immediate access to funds in an emergency

FREE local and foreign drafts for educational institutions only

Cost Savings

FREE Auto Transfers for payment from a Republic Bank account to a RightStart account.

Making regular monthly deposits to your account is hassle-free
  • There are NO service fees on your account
  • FREE Blue Machine and Point-of-Sale transactions
Help choose the account that’s right for youCompare Now!

What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank and accompanied by an adult

One (1) form of Identification
The adult should bring a recent utility bill and two (2) forms of identification
Proof of Address (Utility Bill, Land Tax Bill, etc.)
Proof of Income (Recent Job letter or Pay Slip)
The required amount to open the account

New to Republic Bank and unaccompanied by an adult? (If Remediated)

One (1) form of Identification
The required amount to open the account

Find the nearest branch
Contact us
Apply Now
Go to top