Alpha Bank has created the ALPHA 1 I 2 I 3 Line of products and services in order to assist parents to provide a secure economic future for their children and cover their every-day needs, from the day they are born through their 27th year.
The ALPHA 1 I 2 I 3 Line also offers additional opportunities to children, teenagers and young people, and provides experiences that will help them stand firmly on their own.
In addition to the parents, other relatives, such as grandfathers, grandmothers or other third party relative can also offer to the child one or more products of the Line.
The ALPHA 1 I 2 I 3 Line includes banking products and services that evolve and adapt to the changing requirements and particular needs of children, teenagers, young people and their families, in every stage of their life.
ALPHA 1 | 2 | 3 FOR CHILDREN
For children up to 14 years of age, the ALPHA 1 | 2 | 3 Line offers to them and to their parents the following products and services carrying special privileges:
A deposit account that operates as a "piggy-bank" and familiarises children with the concept of saving; the account is made available under particularly favourable terms
A welcoming gift for the child upon opening the account
A membership card for the child, enabling its participation in recreational and educational events
An insurance plan operating as a systematic, long-term savings program, towards creating a capital to fund the child's future needs
Credit and debit cards for parents, providing discounts and other financial facilities upon purchases of goods and services made from selected companies and intended for their child exclusively
Loans under favourable terms, in order to assist parents to cover their child's current needs and invest in its education.
The ALPHA 1 | 2 | 3 Line offers to teenagers aged 15 - 17 and their parents the following products and services carrying special privileges:
A deposit account under favourable terms, encouraging the teenager to save and familiarising him/her with responsible money management
A membership card for the teenager, enabling its participation in recreational and educational events
An insurance plan operating as a systematic, long-term savings program, towards creating a capital for the teenager's future needs. The plan rewards the holder on a future date, and may be extended without any additional charge
Credit and debit cards for the parents, providing discounts and other financial facilities upon purchases of goods and services made from selected organisations and intended for their child exclusively
Loans to the parents under favourable terms, in order to cover their child's current educational and other needs.
The ALPHA 1 | 2 | 3 Line offers to young people aged 18 – 27 the following products and services carrying special privileges:
A flexible deposit account enabling the young person to save, while accommodating emergency needs
A welcoming gift upon opening the account
Credit and debit cards for young adults, offering favourable terms and providing discounts upon purchases of goods and services made from selected companies
Loans on favourable terms in order to cover current needs
Loans for graduate and post-graduate studies – an investment for the future