It’s called a Children’s Saving Account, but it is so much more than that. It is also the first step in developing your child’s financial literacy. When you teach your kids about managing money, and how to save, you’re helping them develop good financial habits that can last a lifetime.
Education experts say that kids learn best about money between the ages of 8 to 12, so we’ve designed this account especially for the under 15s. There are no fees and charges to eat into their hard earned pocket money or birthday cheques from Nanna, plus we’ll pay interest on it to help it grow faster. However, if they want to earn some serious interest on their savings, you can link this account to a Bankwest Kids' Bonus Saver.
Kids who grow up knowing how to manage money? Now that’s happy banking.
Some simple tips for when you apply.
© 2012 Copyright Bank of Western Australia Ltd (Bankwest) ABN 22 050 494 454 AFSL 236872. All rights reserved.To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). These products are issued by Bankwest unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.
As you make your way around our site, you'll see that our personal banking products include home loans, credit cards, personal loans, savings and term deposits, everyday accounts, insurance and online banking. In business finance, we can help you with business loans, rural finance and options for your agribusiness needs. And don’t forget our business credit cards, business savings accounts, and business accounts.
