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Accounts for children
The right children's bank account is easy to find. Most parents want to help kids manage their money and bank responsibly. Learning to save is important for their future.
Kids' banking should be easy for you to manage as well!
Try Incentive Saver to encourage saving. There are no monthly account service fees and you earn bonus interest when you grow your account balance by any amount.
Starting to save
Are your children earning pocket money or getting birthday money? Move their money into a savings account and start earning interest for them! The sooner they start, the more they will save. Use our calculators to see how much they can save.
Learning about money
Teach your children how to plan their budget and pay for their bills, we have tools and information to help.
Suggested account for you
- Incentive Saver customers can earn up to 0.45% p.a.1
- Grow your account balance by any amount each month to earn bonus interest.
- No monthly account service fee.
The Detail
Conditions and fees apply.
Before making a decision, it's best to read the terms and conditions.
- Transaction, Savings and Investment Accounts: Terms and Conditions (incorporating fees and charges)
- Interest rates
Please read these documents and keep a copy. You can request a paper copy at a branch.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 13 76.
1. For balances over $250,000, this Reward Rate includes a base rate of 0.20% p.a. plus a maximum variable bonus rate of 0.25% p.a. each month you qualify.