Total rate (variable interest base rate + bonus interest rate)1
Earn bonus interest when you deposit a minimum of $5 per month with no withdrawals during the month
Interest is calculated on the daily account balance
Available to kids 14 years old and under
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 and use this interest savings account.
Easily show your child their savings progress with our mobile banking app.
No monthly or annual fees
Account opening fee
Optional access to a transaction account with no monthly account keeping fee
No minimum opening balance
1 The bonus interest rate is an interest rate this savings account offers on top of the variable interest base rate. This bonus interest rate is offered as a conditional rate meaning certain conditions must be met each month before you can qualify. Balances up to $20k are eligible to earn the bonus interest rate, however any balances above $20k will earn the base variable interest rate only. Interest is calculated daily and paid monthly. A 'month' commences on the first calendar day of a month and concludes on the last calendar day of the same month. The account is only available to new customers aged 14 years and younger. Bonus interest rate offer is limited to 1 account per customer. Bonus interest rate offer is limited to 1 account per customer. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Kids Saver Account.
Our Target Market Determinations are available here.
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