Junior Saver
The Junior Saver Account is designed just for kids aged 0-17, and features a special savings program to encourage kids to develop positive savings habits for a great financial head start.
Suitable for
kids aged 0-17
Rewards
program
No monthly
fees
Overview
Features of the Junior Saver Account are:
- No minimum balance to get started
- Interest calculated daily, paid quarterly
- The ability to use ATMs and EFTPOS
- Free Visa Debit card available for kids 12 years and over
- No monthly account keeping fees
- Internet banking
- Banking at Australia Post and in branch available
Rates & Fees
The rates and fees for the Junior Saver Account:
- Variable interest rate: 0.25% p.a.
- Monthly account keeping fee: $0
Download our Schedule of Fees and Charges
Questions
Here are our top questions about the Junior Saver Account. Have a different question? Call us on 1300 13 23 28 to speak to a consultant.
How is the interest calculated?
Interest is calculated daily and is paid into the account quarterly.
What happens when my child turns 12?
When your child turns 12 years of age, they will be eligible for a Debit Card issued to their account in their name.
What happens when my child turns 18?
When your child turns 18, we will contact you to arrange a switch of account.
