High interest kids' savings account
Bankwest Kids' Bonus Saver Account
With a Bankwest Kids' Bonus Saver account, we can watch our children and their savings grow thanks to Australia's highest rate on kids' savings.
The Bankwest Kids' Bonus Saver has been awarded 'Best Kids' Savings Account' 4 years running and offers a high bonus interest rate with no monthly account fees to eat into their savings. By linking to a Bankwest Children's Savings Account and depositing between $25-$250 per month with no withdrawals, children under the age of 15 can take advantage of the Bankwest Kids' Bonus Saver account.
Let's make kids a priority with Australia's highest rate on kids' savings.
Account features
- Huge 10% p.a. bonus interest rate.
- Bonus interest paid each month when $25-$250 is deposited and no withdrawals are made.
- No account fees.
- Fast parent/guardian access to funds via phone and online banking
Our Rate
10% p.a. High Interest Bonus Rate
Here's how it works
- To open a Bankwest Kids' Bonus Saver Account, you'll also need to link it to a Bankwest Children's Savings Account. Start with a deposit from as little as $25, all the way up to $250.
- Set up your child's monthly savings plan. You'll need to deposit between $25 and $250 per month and make no withdrawals to earn 10% p.a. bonus interest.
- Watch your child's savings grow!
- After a year, everything over $1 will be swept into the Bankwest Children's Savings Account. Now you can start all over again and earn your child even more interest!
For Mum and Dad
Your kids don't have to be the only ones getting a great rate! Check out the Bankwest TeleNet Saver, which offers a high, variable introductory interest rate for the first 12 months.
Our Awards
Awarded Money Magazine's Best Kids' Savings Account 4 years running.
Security Guarantee
We guarantee your money and personal details will be safe when you use Bankwest Online Banking.