Diamond Bank Plc has announced plans to reward holders of its youth banking accounts with scholarships worth N3 million, thereby making the incoming academic session exciting for youths nationwide.
Titled, the ‘Diamond Future and Cool-Teens Scholarship Offer’, the campaign is targeted at parents with children in preschool, primary and secondary schools.
Speaking to newsmen at the Bank’s head office today, Head, Personal Banking of the bank, Adaeze Ume, said: “The scholarship offer is our own way of supporting and reassuring customers of our promise to provide value added services on their customer journey with us.
“The goal of the Diamond Future and Cool-Teens Scholarship offer is to promote a savings culture amongst parents and guardians especially towards saving for their children/wards’ school fees. This is a good way for parents to fund their children’s education, whilst diversifying their investments.
“To qualify for the Scholarship offer, all you need to do is open either a Diamond Future or Cool-Teens account at any Diamond Bank branch and increase the account balance to a minimum of N25,000 or set up a standing instruction with a minimum of N10,000”, Ume added.
Expatiating further, the personal banking expert explained that every multiple of N25,000 saved gives the customer an extra chance of winning in the draw while qualified account holders will participate in a draw at the beginning of each academic term where winners will be selected and rewarded with scholarship prizes in their schools.
According to him, the Diamond Future and Cool-Teens accounts offer customers a structured savings plan with the added flexibility of saving various amounts monthly.
Ume listed some of the account benefits as including, a 13th month bonus reward, competitive credit interest rates, access to educational tools, games for kids and a free debit card with trendy design options that permits teens to receive pocket money.
Others are, pay for movie tickets, buy books, video games and enjoy loads of freebies like portable tablets and phones when they join the Cool-Teens community.
