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Child Account

Open an account for your child and teach them how to be smart about money. You can conveniently set bankcard limits for the child’s bank account on the LHV mobile app and keep an eye on their expenses. Open an account for a child quickly and easily in internet bank or mobile app.

Opening the account is free of charge

The parent will have an overview of the child’s financial affairs until the child reaches maturity

A bank card may be ordered for the child from age 6 and up

The child can view the account balance and use the “Ask for money” option on the mobile app

Steps for opening an account

The Child Account can be opened for up to 17 (incl.) years old child by a parent or guardian with the corresponding right of representation and parent or guardian being a customer of LHV. The child’s ID card, passport or residence permit card issued in Estonia is required for opening an account. If the child under 6 years of age and does not have a valid document, parent's document is required. If you are not a customer of LHV yet, start by opening an account for yourself.

  • Login to the LHV’s mobile app or internet bank with your username and Smart-ID, Mobile-ID or ID card.

  • Go to “Information and settings” → “Agreements” in the menu or click on the "+" icon in the mobile app and choose the option to conclude a "Child account" agreement.

  • Change the user role next to your name in the top left corner to start using LHV’s services via the Child Account.

Account access

When the Child Account is opened, only the parent will initially have the right to conclude transactions on the account. From age 6 and up, the parent may grant the child the right to make online payments via the internet bank or mobile app. If you wish to change the limits or rights or to grant the other parent access to the account, please fill out the application on the internet bank in the child’s role, under “Information and settings” → “Accounts and limits”.

To provide the child with a quick and easy view of the account balance via the internet bank or mobile app, the parent can add a login password to the Child Account. To add a password, go to “Information and settings” → “Password management” → “Login password” in the child’s role. Adding a password will allow the child to access the account with his/her personal username and password, granting a limited right of viewing the account balance.

Youth Card

A bank card may be ordered for the child from age 6 and up via the internet bank or mobile app. The card will be sent by post, and will be free of charge for the child until he/she turns 26. We also offer a Youth Card for youngsters, along with a cool contactless payment option and various benefits.

  • Free bank card
  • Enjoy discounts
  • Pay with card and you can win 100 € pocket money and 100 € investing money.
  • Your purchases are insured
  • Pick your colour

You can order the Youth Card if you are 25 years old or younger.

First steps in investing

We have made investing in your child’s future very easy: simply open a Growth Account for your child.

  • In a Growth Account, your money does not sit idle; instead, it is automatically invested in your chosen funds.
  • A single euro is all you need to start investing in your Growth Account. You can grow your portfolio either by micro-investing and/or by making both regular and single payments to your account.
  • The Growth Account is free of admin fees until the child is 26 years old.

Read more
Declaring investment income on behalf of a child

Growth Account and micro-investing

Give your child the best possible start to their independent life by helping them to save up the down payment on a home loan for their first home with the Growth Account.

  • By transferring, say, 60 euros a month to a savings account for 10 years, you would save up 7,200 euros. However, if you invest that amount via the Growth Account and the average yield is 8%, it would grow to more than 11,000 euros in that time and could easily be used for the down payment on your child’s first home.
  • When concluding a home loan agreement at LHV, no service fee is applied on the sales of assets on the Growth Account.

Read more

Saving up for a deposit on a home with the Growth Account

How can I start investing for my child?

In order to start investing on a child’s account, a parent or custodian has to conclude an investment service agreement in the name of the child:

  • In the internet bank, select the ‘Information and settings’ section in the role of the child.

  • In that section, click on ‘Agreements’ and then ‘Investment services’.

  • Conclude an investment service agreement.

If you would like to buy securities traded on the Baltic stock exchanges on behalf of the child, open a free of charge Baltic securities account under ‘Agreements’.

Download the LHV mobile app for your child

The app has all the views your child really needs to make their first independent steps in the world of money:

view their account balance and bank statements

check their account and bank card limits

use the “Request money” function

track the status of their securities

LHV Youth Bank

Terms and conditions of the campaign

  • The Youth Card sales campaign organized by AS LHV Pank takes place during 9.08.2021-22.08.2021.
  • All 6-17-year-old customers who have ordered LHV’s Youth Card as their first card during the campaign period, will participate in the campaign.
  • 5 (five) euros (campaign fee) will be transferred to the bank account of all campaign participants.
  • Campaign fee payment for customers who have ordered LHV’s Youth Card during 9.08.2021-15.08.2021 will be made 16.08.2021 and for customers who have made the order during 16.08.2021-22.08.2021 payment will be made 23.08.2021.
  • The employees of LHV Bank, as well as employees of the groups belonging to the same bank concern are not entitled to take part in the campaign.
  • Clients who have an outstanding dept to the bank, are not entitled to take part in the campaign


  • Each participant of the campaign commits to accept all rules established by bank including decisions made during the campaign.
  • In case of force majeure, the bank holds the right to interrupt the campaign without any consequences and prior notice. LHV Bank will notify of such discontinuation of the campaign, if possible, via bank’s website (lhv.ee) or using any other client communication channel.
  • The bank reserves the right to make any decisions regarding the promotional campaign without prior notice thereof. All complaints related to the organisation of the campaign must be presented to the bank via mail, to the address Tartu mnt 2, Tallinn 10145.
  • More information on the promotional campaign: 6 800 400 or info@lhv.ee or www.lhv.ee/youthbank
  • The prize draw is organised by AS LHV Pank, address Tartu mnt 2 Tallinn, registry code 10539549, Tel. 6 800 400, e-mail info@lhv.ee.


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