School Fees Savers Scholarship

Childhood is shorter than you think. Save for your child’s future today with our structured savings plan which allows you give your child the best education and an opportunity to win a scholarship, among other benefits.

Features & Benefits

• Suitable for children 0-17 years
• Minimum opening balance of N1000
• Enjoy 13th Month bonus reward upon completing target savings plan
• Competitive credit interest rates
• Opportunity to win a free scholarship

Click to participate

  1. Maintain a monthly average of N25,000 or set up a standing instruction of N10,000 and above to qualify
  2. Every month you qualify is a ticket to the draw. Increase your chances every month to qualify
  3. Start saving to give your child that Diamond Future and Cool Teens Advantage

Diamond Future

Start saving for your children/wards today with the Diamond Future account. This account offers you a structured plan with the added flexibility of saving varied amounts on a monthly basis.

With this account you can meet your savings goals by setting up a sustainable and rewarding savings plan.

The Diamond Future account offers you a 5 year Target Plan which allows you achieve your savings goals for your children’s future over a set period.

It gets even more exciting! You earn a 13th month bonus which increases every year when you adhere to your chosen plan.



  • Structured flexible Target-Plan Scheme
  • Credit Interest payable monthly
  • Access to educational, parenting and lifestyle tools
  • Bank-on-the-go with Diamond Mobile App
  • Minimum opening balance of N1,000
  • Free Online Banking
  • Accepts cheques and dividend warrants.


  • Opportunity to set and meet the desired savings goal for your child over a 5 year period; and get rewarded when this goal is achieved
  • Up to 100% of monthly installment can be earned if you adhere to the 5 year Target Plan
    • Opportunity to earn the 13th month bonus in addition to competitive interest rates; the more you save, the more you earn!

Secure Your Child’s Future Today.

Getting Started!

What you need:

  • A completed Application Form with parent’s details.
  • A completed Youth Banking Form with details of the Child/Ward and Target Plan.
  • 2 completed Signature Specimen Cards.
  • 1 recent Passport Photographs of parent and child/ward.
  • Birth certificate or international passport of child/ward.
  • Parent’s means of identification.

To Migrate/ Add on to a Cool-Teens account, Kindly click here to download form

Apply Now

Start your application now, and your account could be open in few minutes.