Credit interest paid on this account is variable.
|Children's Savings Account||Interest rate|
|$0 to $2,999.99||
0.75 % p.a.
|$3,000 to $9,999.99||
1.25 % p.a.
|$10,000 to $19,999.99||
1.70 % p.a.
|$20,000 and over||
2.50 % p.a.
Interest is calculated daily (but credited monthly) at the applicable rate above on the end of day balance of the account.
There are also costs for things you might ask us to do occasionally that are outside your account’s normal terms and conditions. We charge a service fee for some of these items - so it’s on a user pays basis.
Some simple tips for when you apply.