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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.

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

Kids Savings Account

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.

Who can open this account?

Over-11s & under-18s

Kids in this age range can open this account at any Suncorp branch.

Under-11s

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

Everyday accounts that let kids easily access their money

Everyday Options Account & Everyday Essentials Account

No fees

$0 account keeping fee and no transaction fees.

Tap & pay

Add your debit card to your phone’s digital wallet.

24/7 access

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

Who can open this account?

Over-11s

Kids over 11 can open a Suncorp Bank everyday accounts. Find out more.

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.

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