RS Teen

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The Savings Account that Rewards you for Saving

The savings account that rewards you for saving RS Teen is a part of the RightStart Account which caters specifically to teenagers aged 13 to 19 years.

As a RS Teen member, you get a specially designed Membership Card (it’s also a Republic Bank OneCard) and exclusive access to the RS Teen website. 

When you log on to www.rsteencaribbean.com, you will enjoy "members only" benefits like access to online games, RS Teen online promotions, live chats with your favourite local celebrities, a chance to win great prizes like Bmobile or Digicel top ups and lots more! We calculate interest on minimum monthly balances of $20 or more and pay it into your account on the 20th of each month.

Here are the benefits of your RS Teen account:
  1. Exclusive RightStart Club membership with special discounts at merchants and access to members-only website www.rsteencaribbean.com
  1. FREE RS Teen OneCard
    • Convenience of 24/7 access to your account via the Blue Machine, the largest ABM network locally
    • Daily ABM withdrawal limit - $4,000/day
    • Flexibility of paying for goods and services at LINX merchants nationwide without carrying cash around!
    • Daily Point of Sale (POS) limit - $7,500
    • Immediate access to funds in an emergency
  1. FREE pocket wallet to protect your OneCard from damage
  1. No restrictions on deposits or withdrawals
  1. FREE quarterly statements to track your account history and balance
  1. FREE auto transfers from any Republic Bank account to a RS Teen account. Making regular monthly deposits to your account is hassle free!
  1. FREE Gift Certificates. Ask for a special gift that keeps growing
  1. FREE and instant access to your account with RepublicOnline, RepublicMobile App or RepublicMobile SMSelectronic banking services
  1. FREE local and foreign drafts for school
To see a complete list of special discounts at merchants Click Here
Interest Rate Service Fees Guide
Current rate: 0.15% paid on the last day of the month on minimum monthly balances of $20.00 or more.

No Monthly Maintenance Fees

Cost of ABM withdrawals at Republic Bank ABMs:
  • Approved- $0.75
  • Declined - $0.75
ABM Transactions at other banks:
  • Approved Cash Withdrawal - $4.00
  • Declined Cash Withdrawal - $1.15
  • Approved Balance Enquiry - $0.75
  • Declined Balance Enquiry - $0.75

Teller fee of $3.00 apply. Customer allowed one (1) FREE cash withdrawal at the teller per month thereafter, the teller fee will be charged.
What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank and accompanied by an adult

One (1) form of Identification

Adult should bring:

Two (2) Forms of ID (e.g. National Identification Card, Passport or Driver's Licence)
Utility Bill; Authorization Letter if Bill is not in your name
Job Letter
Pay slip
Reference Letter (In some cases)
Required Deposit for opening minimum- $20

New to Republic Bank and unaccompanied by an adult?

Two (2) Forms of ID
Utility Bill; Authorization Letter if Bill is not in your name
Reference Letter (In some cases)
Required Deposit for opening minimum- $20

For Non-Residents or Foreign Based Nationals

Two (2) forms of valid photographic ID
Utility Bill in the customer’s name valid for three (3) months (Telephone, Electricity, Water, Cable/Internet)
N.B. Where the utility bill is not in the customer’s name, the customer can submit the lease agreement, where available, or a letter from the landlord addressed to the Bank.
Proof of income:

  1. Salaried individuals - Job Letter and a recent payslip dated within the last three (3) months
  2. Self-Employed individuals will be required to submit further financials;
    • Up-to-date Audited Financial Statements (for the last three (3) years) OR
    • Management Accounts (for the last three(3) years) OR
    • Statement of Affairs and Statement of Income & Expenditure (these are available at the Sales Department upon request)
    • For a start-up entity*: An opening Balance Sheet & Cash Flow projections
Reference letter from the customer’s bankers abroad (not required where a non-national has proof of legal status and has been residing in Trinidad and Tobago for over five (5) years)
Where applicable, Work Permit/ CSME Certificate/ Other official document granting permission for employment/ Letter of enrollment/acceptance from Institution in Trinidad & Tobago (for Students only)

*Start-up entity refers to entities which have been in operation for less than three (3) years.
Click the icon below to reserve a date and time to meet.

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