Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Kids Savings Account

A savings account for under-18s that offers bonus interest for regular savers

To apply please visit your nearest branch

Find my nearest branch

Grow your savings faster

Be rewarded for regular saving.

Standard Rate

On balances $0.01 & over

+

Bonus Rate

*

=

Standard + Bonus Rate

On balances $0.01 & over

* Bonus interest may be payable if at least $20 is deposited into the account each month and when no more than one withdrawal is made per month.

Teach your kids how to save and manage their money

The Kids Savings account is all about helping under 18s learn to manage their money. Enjoy no monthly account keeping, transaction, or coin handling fees, plus, earn bonus interest when you deposit at least $20 into the account each month and make no more than one withdrawal each month. You can make deposits at any Suncorp branch or set up a direct credit transfer each month.

Kids Savings Account Features

$0 monthly account keeping fee, no transaction fees

Earn Bonus Interest

Bonus interest may be payable if at least $20 is deposited into the account each month and when no more than one withdrawal is made per month.

No minimum balance to open your account or earn interest

You can make deposits at any Suncorp branch or set up a direct credit transfer each month

Children over 11

Over-11s can also apply for our Growth Saver Account.

Growth Saver Account

Interest rates

Ready to apply?

To apply for this account, you'll need to visit a Suncorp Bank branch.

We'll have to confirm your identity when you visit, so please take a moment to read our personal ID requirements.

Find my nearest branch

Things you should know

Account owners must be under 18 years of age and a permanent resident of Australia and children under 11 years of age must obtain consent from a parent or guardian to open the account.

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.