Introducing you to the banking world
Designed for younger clients ready to take their first step into money management, this account is ideal for everyday banking needs.
Banking made simple, your Teen Account includes:
- Everyday banking requirements, and access to your money when it suits you
- Making purchases simple and convenient
- Secure digital access to your account round the clock
Why choose our teen account
Instant payments
Shop online or in-store with our VISA branded Debit Card and withdraw up to £200 a day.
Online & mobile access
Track your finances at the tip of your fingers, with our mobile banking app and online banking platform. You can check your balance and transactions securely.
Automatic payments
Never miss a payment with our direct debits free of charge, only available for account holders 18 or over.
Standing orders
Regular payments between accounts or to third parties are free of charge, standard fees apply to international transfers.
FAQs
Everything you need to know about opening and managing a teen account with us.
A Teen Account with Gibraltar International Bank can be opened by individuals aged 13 to 19 years old.
Applicants must reside in Gibraltar or have ties to Gibraltar (e.g., attending school or having family in Gibraltar).
The account offers a VISA-branded debit card with a £200 daily cash withdrawal limit and access to online and mobile banking.
Parents or legal guardians are not required to open the account but need to provide consent for those under 16.
You can apply for a Teen Account with Gibraltar International Bank (GIB) online here, or in person at our branch at Ince’s House, 310 Main Street, Gibraltar GX11 1AA.
The process takes 3 business days. You’ll need:
– A valid ID (passport or Civilian Registration Card).
– Proof of address (a parent’s utility bill or a school letter confirming the teen’s address).
– Parental consent letter (for those under 16-years-old).
You’ll receive confirmation by email and text message once the account is active.
You can apply for a Teen account with Gibraltar International Bank (GIB) either online or in person, and the process is straightforward, typically taking 3 business days if all documents are accurate.
You’ll need to provide a valid ID (e.g., passport, driving license, or Civilian Registration Card), proof of address (Letter from parents accompanies with a utility bill confirming address), and a Parental Consent Letter (for those under 16-years-old).
After submission, GIB’s team will review your application, and you’ll receive confirmation once approved; for further assistance, contact GIB at +350 200 13900 or email gibraltar@gibintbank.gi, or visit our branch at Ince’s House, 310 Main Street, Gibraltar GX11 1AA.
When you turn 19, your Teen Account with Gibraltar International Bank will need to be upgraded to a Personal Account.
The upgrade takes 3 business days, and you’ll be subject to the Personal Account’s terms (no fees apply).
We’ll notify you by email and text message once complete.
No, Gibraltar International Bank does not offer an overdraft option for its Teen Account, which is designed for individuals aged 13 to 19.
This ensures young account holders can manage their finances without the risk of debt.