Student Accounts
A student account is a special account for students that offers reduced fees. It is available to full-time students under 26 years of age.
The student account offers a reduced annual fee of 0.49% instead of the standard 1.09%.
To open a student account, you must be a full-time student under 26 years of age. You will need to confirm your student status by uploading a confirmation of study.
No, the student account is only available while you are a full-time student under 26. After graduation or reaching age 26, the account automatically converts to a standard account with standard fees.
Anyone can deposit money into a student account — the account holder, parents, or other people — as long as they use the correct payment reference with the portfolio number.
You can have only one student account. However, within that student account you can have up to 5 portfolios with different investment profiles.
Yes, if you meet the conditions (full-time student under 26), you can convert your existing account to a student account. Contact Fondee support to initiate the conversion.
You need to confirm your student status once a year by uploading a current confirmation of study in the client zone.