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.
Kids Savings Account
A savings account for under-18s that offers bonus interest – designed to reward them for their regular saving habits.
*
Standard Variable Interest Rate IRM{kidsa.2.1}
plus Bonus Variable Interest Rate IRM{kidsa.3.1}
Why a Kids Savings Account?
- Earn bonus interest
Each month, deposit at least $20 into the account and make no more than one withdrawal. - Save money
$0 monthly account keeping fees and transaction fees. - Learn to save
Teach your kids how to save and manage their money.
Account owners must be 18 years of age 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 (PDF 255KB) before making any decision regarding this product. Fees, charges, terms and conditions apply and are available on request.
Bonus Interest Rate