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Kids Bank Accounts

Bank Accounts with no monthly account keeping fees for under-18s to grow their savings and easily manage their money.

Kids Savings Account

A fee-free savings account that rewards kids to save, offering bonus interest for regular savers

No fees

$0 account keeping fee and no transaction fees.

No minimum balance

Open an account with any  amount of money and start earning interest.

Earn bonus interest

Each month, deposit at least $20 into the account and make no more than one withdrawal.

Find out more

Who can open this account

Over-11s & under-18s

Kids in this age range can open this account in store.


Kids under 11 will need a parent or guardian to open their account for them.

Kids Transaction Account

Our Everyday Options transaction account lets kids easily access their money and has no monthly account keeping fee.

No fees

$0 account keeping fee and no transaction fees.

Tap & pay

Remove the hassle of carrying your wallet around & pay with Apple Pay or Google Pay.

24/7 Access

Manage your money on the go with the Suncorp App and Internet Banking.

What type of card will I receive?

Eftpos Debit Card for ages 11-15

Front of Suncorp EFTPOS card
  • Can be used for purchases across Australia or get cash out at ATMs
  • eftpos Tap & Pay purchases under $100 (only available for eftpos cards issued after 04 May 2020)
  • Pay using Apple Pay with your iPhone or Apple Watch
  • Apple Pay with eftpos debit not available for purchases within apps, on the web with Safari or for use overseas

Visa Debit Card for ages 16 and older

Front of Suncorp VISA debit card
  • Can be used for purchases at retailers or to make cash withdrawals at ATMs
  • Use your own money to shop online, overseas, or wherever Visa is accepted
  • Use your smartphone with Apple Pay or Google Pay


Find out more about our Everyday Options Account

Who can open this account?


Kids over 11 can open an Everyday Options account online.

Over-11s can also apply for a Growth Saver Account

Build Your kids' skill & confidence with the ESSI Money Challenge

ESSI: Earning, spending, saving and investing.

These are the building blocks for financial success.

That's why Suncorp has collaborated with the Financial Basics Foundation to help young people build their financial literacy at home. The Suncorp ESSI Money Family Challenge is part of the Suncorp App. It helps kids aged 10+ learn about money in a fun and interactive way.

Learn more about the Suncorp ESSI Money Family Challenge

 Learn more about youth money management

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Things you should know

Interest rates and fees and charges subject to change without notice.

Deposit Products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Please read the Product Information Document for Personal Deposit Accounts before opening an account. Fees, charges, terms and conditions apply and are available on request.

To be eligible for a Suncorp Bank Visa Debit card you must be 16 years of age or older. If not eligible you will receive a Suncorp Bank eftpos card.

Apple, the Apple logo, Apple Pay, Apple Watch, iPhone and the App Store are trademarks of Apple Inc.

Android, Google Pay, and the Google Logo are trademarks of Google LLC.