Saving and investing for young people
Did you know that young people aged between 15 and 17 can save and invest independently on OP-mobile with their parents’ or guardians’ consent? The earlier you start investing, the more you stand to benefit.
In order to save and invest money independently, the young person needs consent from the parent(s) or guardian(s). After the consent is given, the young person can view and make changes to all their owned savings and investments. Please note that the authorisation does not apply to possible insurance assets.
A young person can buy and sell funds and invest in stocks through and equity savings account and a book-entry account. Minors cannot buy complex investment products or investment products listed outside the European Economic Area. Complex investment products include complex investment funds and ETFs, structured investment products, warranties and certificates.
Young people's benefits for saving and investing
Being under 26-year-old, you invest through an Equity Savings Account and an book-entry account without monthly charges. You'll get almost all service packages free of charge. The benefits and discounts are automatically available to you.
| Service package | Saver | Investor |
|---|---|---|
| Equity Savings Account | €0 per month (norm. €2.99) | €14.99 per month |
| Book-entry account | €0 per month (norm. €2.99) | €0 per month (norm. €5.39 per month) |
You also always trade at low cost. Learn more about the trading fees in the list of charges and fees.
More about our investment charges and fees
Did you know that you as an owner-customer invest at lower cost? Find out more about saving and investing benefits for owner-customers.
See owner-customers’ investment benefits
Learn financial skills by saving and investing
Saving and investing money is a smart way to learn financial skills. It is important for each of us to learn how to manage personal finances, and the skills we pick up while young are reflected in our financial skills in the future.
If you are completely new to the world of saving and investing, we recommend reading more about the topic on our website and by following our experts on social media, for example.
