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Youth Saver Account

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Our Youth Saver Account is designed with 12 - 17 year olds in mind, to give them the head start in life they need.

Our Youth Saver Account package provides a daily transaction account plus a Bonus Saver Account.  We tailor the package to suit your needs and provide you with information along the way to help you save better, spend smarter and use financial services wisely.

Saving for a new phone? A new surfboard? Or perhaps saving for your first car?  Our Bonus Saver Account rewards you with bonus interest to reach your savings goal faster.

With no monthly account keeping fees, there’s more money in your pocket to save and give you the head start you need.  

Features:

  • Bonus Interest
  • No Account Keeping Fees
  • Easy 24/7 Access
  • Free access to over 3000 RediATM’s Australia wide
  • Financial Literacy

How to open an account:

If you can sign a consistent and satisfactory signature, you can open the account in your own name, using one of the following forms of identification:

  • birth certificate
  • current Australian learner permit
  • education institution statement on letterhead with principal's signature
  • citizenship certificate
  • current passport

Under 16? – you will need permission from your parent or guardian to apply for a Visa Debit Card.

  Additional Information
Key Features Easy Unlimited Transaction Account Easy Achiever Bonus Saver Account
Access to funds At Call At call
Minimum opening balance $1 $1
Interest Income Calculated on minimum monthly balance and paid 30 June yearly Bonus interest calculated on minimum daily balance and paid monthly.  Interest is only payable on balances up to $5,000. 
Monthly Service Fees No No
Fee-free withdrawls Unlimited EFTPOS & rediATM 1
Fee-free deposits Unlimited Unlimited
Special Conditions N/A

To receive bonus interest: $50 deposit and no withdrawals each month 

Access Methods
Passbook No No
ATM / EFTPOS Yes No
Over-the-counter-transactions Yes Yes
Phone Banking Yes Yes
Internet & Mobile Banking Yes Yes
BPAY Yes No
Direct Credits Yes Yes
Direct Debits Yes No
Periodic Payments Yes No
Statements 6 monthly eStatements or as requested 6 monthly eStatements or as requested

Apply

Applying for a Youth Saver Account is simple and quick. Apply Now

More Information

If you would like to find out more about our Youth Saver Account, contact us on 5560 3900.

Questions?

If you have any questions Contact Us

* Bonus interest is payable when a minimum $50 is deposited each month and no withdrawals are made.