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
- Direct credit facility to help you save

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.

Use the arrows to scroll through the many Australian Military Bank Savings Accounts options RESET
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No minimum balance and a competitive interest rate0.05% p.a.$0DailyMonthlyNoN/A$500,000N/AN/ADirect Credit only
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Bonus rate for balances over $5,000* when no withdrawals are madeUp to 0.90% p.a.$0DailyMonthlyNo.
Conditions apply*N/A$500,000N/AN/ADirect credit only -
Specifically designed for self-managed super funds0.80% p.a.$0DailyMonthlyNoN/AN/AN/AN/AYes
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Restricted withdrawals throughout the year to help you save0.25% p.a.$0Minimum monthly balanceAnnually 31 OctoberWithdrawals available only between 1 November and 31 January each yearN/AN/AN/AN/ADirect credit only
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Competitive interest paid on a tiered basis with unlimited withdrawalsUp to 0.25% p.a.$0DailyQuarterlyNo$5,000N/A$500$1,000Direct Credit only
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Rewards program to encourage positive saving habits0.25% p.a.$0DailyQuarterlyYesN/AN/AN/AN/ADirect Credit only
*The bonus interest rate is applicable to the full account balance when you maintain a balance between $5,000 and $500,000 and don’t make any withdrawals during the month.
Rates are current as at 1 December 2020 and are subject to change at Australian Military Bank’s discretion.
The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions and Schedule of Fees and Charges.
*The bonus interest rate is applicable to the full account balance when you maintain a balance between $5,000 and $500,000 and don’t make any withdrawals during the month.
Rates are current as at 1 December 2020 and are subject to change at Australian Military Bank’s discretion.
The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions and Schedule of Fees and Charges.