Children’s Savings Account

Avoid account maintenance fees with an account specifically designed to help set up your child's financial future.


Parent, guardian or adult signatory access

Access the account via phone or online.

Earn interest

Calculated daily and paid monthly.

Save on fees

No account maintenance fees.


Name Rate
Balances $0 to $2,999.99 0.01% p.a.
Balances $3,000 to $9,999.99 0.05% p.a.
Balances $10,000 to $19,999.99 0.30% p.a.
Balances over $20,000 0.50% p.a.
Interest is calculated at the applicable rate on the entire balance.

Rates are variable and subject to change.
Fees which may be incurred are listed in the Children's Savings Product Schedule (PDF) and Your Guide to Banking Fees (PDF).

Children's Savings Account terms and conditions:
The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.

Children's Savings Account Product Schedule (PDF)

Related documents:

Apply today

The Children’s Savings Account is only available in branch or over the phone.

Check your eligibility

  • Available to children under the age of 15
  • A parent or guardian needs to open, access and make withdrawals from the account on behalf of the child.

For the child, you will need a birth certificate.

Find out more about what you may need to provide.

Need help choosing an account?

Speak with someone from the team today.