OREANDA-NEWS. February 20, 2014. The Bank of East Asia (“BEA”) announces the launch of its Lunar New Year promotion for the Kid Master Savings Account.

From now until 30th June, 2014, parents who open a Kid Master Savings Account for their children aged below 18 with an initial deposit of just HKD 1,000 will receive a welcome reward worth up to HKD150.

The Lunar New Year is the ideal time for parents to start teaching their children good financial habits, and to help them save their red packet money for future use.

Kid Master, BEA’s comprehensive savings plan for children, provides extensive banking services and protection, including:

a Kid Master Savings Account, with a minimum account opening requirement of just HKD 10;

tailor-made insurance plans for children including Top Scholar Savings Insurance, Target Savings Insurance, and ProMedical Insurance; and

Cyberbanking, BEA’s electronic banking service.