By Obas Esiedesa
Retail banker, Diamond Bank Plc, says it plans to reward holders of its youth banking accounts with scholarships worth N3 million in the incoming session.
A statement by the Bank’s Media Relations Officer, Ezechinyere Anyanwu, on Monday said the campaign which is titled ‘the Diamond Future and Cool-Teens Scholarship offer’, is targeted at parents with children in preschool, primary and secondary schools.
Anyanwu quoted the Head, Personal Banking, Diamond Bank Plc, Adaeze Ume to have 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. Every multiple of N25,000 saved gives the customer an extra chance of winning in the draw. 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”, the statement added.
“The Diamond Future and Cool-Teens accounts offers customers a structured savings plan with the added flexibility of saving various amounts monthly. Some of the account benefits include: 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, 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,” concluded Ume.