About the spark 7 Youth Account:
The spark7 account sees Erste Bank und Sparkassen offer a free account for children aged 10 to 18. Account management, the ATM card and standing orders are all free of charge with the spark7 account. An NFC tag or Micro bank card can also be requested, and the “George” Online banking using the George Go app is similarly included. All spark7 accounts opened with Erste Bank and some Sparkassen from 16 August 2018 onwards will come with a free Billabong backpack (while stocks last). Alternatively, customers across Austria can choose between a 20-Euro credit towards multi-phase training or a moped licence from ÖAMTC Fahrtechnik, and an ÖBB Jugend-Vorteilscard (youth benefits card), when opening an account. The website www.spark7.com additionally offers a whole host of competitions and ticket discounts, as well as information about regional benefits and news.

About the Erste Financial Life Park:
The Erste Financial Life Park, or “FLiP” for short, is the world’s only institution aiming to improve children’s and adolescents’ financial skills. Established at the Erste Campus in Vienna, the FliP is a place of innovative financial education, demonstrating the importance of finances for personal life planning. As such, the FLiP encourages financial independence, takes precautions against individual overdrafts, and thus ultimately also helps prevent poverty. The FLiP offers free interactive tours as a way of making children and adolescents interested in the world of finance. During these tours, which are offered in several different languages, visitors learn about the impacts financial decisions have on one’s personal future. Using state-of-the-art technology, specially trained educators apply playful, interactive methods to teach them how important it is to know about financial issues.