Monthly deposit $5 with no withdrawals.
Interest calculated daily and paid monthly to get the most out of your money.
Pay no fees to open a high interest savings account.
Easily show your child their savings progress with our mobile banking app.
Base interest rate
(> $0) |
1.00% p.a. |
Bonus interest rate
($0 > $20,000) |
1.00% p.a. |
Bonus interest rate
($20,000+) |
Base rate only |
1Proof of identity documents
Your child’s Birth Certificate, current signed student ID card, Passport etc.
2Contact details
35 minutes of your time
Email address & phone number.
Completing the form takes only 5 minutes. Then submit your application via post including certified copies of appropriate identification documents.
1Get your documents together
2Complete the application form
You can save and return to your application at any point.
3Count to three
We’ll call you regarding your account within 3 days.
Monday to Friday - 8.30am to 5.30pm AEST
Call 1300 790 740Have us call you within 1 business day
Request a call backWe have options to suit you. Need the flex to withdraw or want to be rewarded to not touching your money? We have a competitive option for each.
Easily manage your Australian Unity accounts on the go with a few taps in our mobile banking app.
As a member-owned bank we focus on our customers, members and the community. We focus on your financial wellbeing through personalised service and competitive rates.
We’ve been helping people with their banking solutions for over 30 years and the Australian Unity Group has been around for 180 years so we’ll be able to help you with your savings needs.
Fees and charges apply for all transaction, savings and deposit accounts, loans and credit cards which are issued by Australian Unity Bank Limited ABN 30 087 652 079 AFSL/Australian Credit Licence No. 237994. Please refer to Terms of Use before applying for any product. Australian Unity Bank Limited is covered by the Australian Government guarantee on deposits, for more information please view our page.