Account Services

Kid Master provides parents* and children with the right mix of financial services and protection needed, and helps them to develop a keen interest in financial planning.

• *Set up a savings account under the name of parents / guardians in reference to their children, which allows parents / guardians to allocate and manage their children’s expenses (for children under 11 years old and teens over 11 and under 18); or
• Open accounts in teen’s name, helping teens to manage their money independently (applicable to teens over 11 and under 18)

Benefits

• The Kid Master Savings Account and insurance plans equip parents and children with the financial support and protection they need
• BEA Online familiarises parents and children with online financial tools

Kid Master Savings Account

No monthly maintenance fee Specially designed passbook Helps parents and children to develop good savings habits

Insurance

You can select from a variety of special insurance plans that have been designed to give children the protection they require

Overseas Study Protection Insurance^

• Coverage for claims relating to personal accident, cancellation of study, study interruption, education fund benefits, and more.
• This plan, which can only be applied for online, offers up to a 15% discount on the first premium payment.

 Obtain Details

BEA Online 

• View account balance and recent activity conveniently online

Plan ahead for your child's bright future and become a Kid Master customer today!
Visit your nearest BEA branch to open a Kid Master Savings Account with an initial deposit of just HK$10.

Remarks:

^ The Bank of East Asia, Limited (“BEA”) and Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) reserve the sole right to vary or cancel the premium discount on the Overseas Study Protection Insurance plan at any time without prior notice. In the event of any dispute relating to this premium discount, the decision of BEA and Blue Cross shall be final and conclusive.

Overseas Study Protection Insurance is underwritten by Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”), a subsidiary of AIA Group Limited (“AIA Group”). The Bank of East Asia, Limited (“BEA”) is an appointed insurance agency of Blue Cross. The insurance plan is a product of Blue Cross but not BEA. All benefits payable under the insurance plan are subject to the credit risk of Blue Cross.

In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between BEA and the customer out of the selling process or processing of the related transaction, BEA is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the product should be resolved between Blue Cross and the customer directly.

This page is for reference only. For details of the above insurance plans, please refer to the relevant product leaflet. For the exact terms and conditions and the full list of exclusions, please refer to the relevant policy.

Blue Cross (Asia-Pacific) Insurance Limited is a subsidiary of AIA Group. It is not affiliated with or related in any way to Blue Cross and Blue Shield Association or any of its affiliates or licensees.

All insurance product information available on this website is not and shall not be construed as an offer to sell or a provision of insurance products to any person in any jurisdiction outside Hong Kong or a solicitation to such person to buy insurance products.

Should there be any discrepancy between the English and the Chinese versions of this page, the English version shall apply and prevail.