Kids' Bonus Saver

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10.00%p.a.
bonus interest (variable)
  • 10.00% p.a. variable bonus interest rate with no account fees
  • bonus interest paid each month when $25-$250 is deposited and no withdrawals are made
  • link to a Bankwest Children’s Savings Account
Kids' Bonus Saver

Your kids’ savings can grow as fast as they do

If you think your kids are growing at a rapid rate, watch what happens to their money when they put it in a Kids’ Bonus Saver account. Deposit any amount from $25 - $250 per month, don’t make any withdrawals and they’ll receive 10.00% p.a. (variable) which is our highest interest rate, especially for kids. There are no fees either because we believe in rewarding kids for learning good saving habits.

After 12 months, everything over $1 in their Kids’ Bonus Saver account will be swept to their linked Bankwest Children's Savings Account so they can start their savings all over again.

No fees and a great interest rate is exactly why the Kids’ Bonus Saver was awarded ‘Best Kids’ Savings Account’ by Money magazine's 2010 Best of the Best awards.

Money magazine awards

Why a high interest rate is not the only bonus:

  • pays a whopping 10.00% p.a. (variable) when between $25 -$250 is deposited each month and no withdrawals are made
  • no account fees
  • linked to a Children's Savings Account
  • fast parent/guardian access to the account via online banking

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