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.
To reward kids for saving, bonus interest is paid when at least $20 is deposited into the account each month and no more than one withdrawal is made each month.
We understand that teaching kids about money management is important. That’s why we’ve created a website for parents and kids that makes learning about money easy and fun. Use the website together and help your kids become familiar with handy online banking tools.
Together, you’ll be able to:
- Set and monitor savings goals
- Keep a record of how much you’ve saved
- Learn how to ‘move’ money between accounts
- Make a donation to a charity of your choice
- Download work sheets that explain different aspects of banking
- Play some cool games
All of this and more at www.suncorpkids.com.au
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. Fees, charges, terms and conditions apply and are available on request.
Bonus Interest Rate
Bonus interest is paid when at least $20 in combined deposits is made each month and when no more than one withdrawal is made per month.