Young Saver Account

The Young Saver account offers these great features & benefits:

• A great tiered interest rate of 3.50% pa on all balances up to $5,000, followed by 2.00% pa for any amount between $5,001 & $10,000
• No account keeping fees
• No minimum monthly deposits
• Available to children and youths 0-17 years of age

A birth certificate and medicare card of the child is required to open the account.

The Young Saver is also great for teaching your child about the fundamentals of money. It can help your child establish good habits for saving and spending. Not only is the Young Saver a great product with a great rate, the thing that makes this account really valuable is all the benefits that your child will receive. It is not an account opened in trust but the child's own account. 

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