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Open an account

If you're a member with us, you can open a Young Saver Account online (if you’re over 13 and under 18). If not, please visit a branch with supporting documents (birth certificate or student ID).
Apply now

    Key benefits

    No minimum opening deposit
    No monthly fees
    Competitive interest rates
    Bonus interest when minimum deposit made and no withdrawals
    24/7 access through Mobile Banking App and Internet Banking

    Rates

    Check out our latest rates for a Young Saver Account.
    Interest rate
    The base interest rate paid on the balance in your account, regardless of transactions performed on the account or balance growth.
    Interest + bonus rate
    The additional interest rate paid above the base interest rate when certain conditions set by your financial institution are met.
    Young Saver Account
    Interest rate
    The base interest rate paid on the balance in your account, regardless of transactions performed on the account or balance growth.
    % p.a.
    Interest + bonus rate
    The additional interest rate paid above the base interest rate when certain conditions set by your financial institution are met.
    % p.a.

    Product overview

    Begin your savings journey and learn how to save for your goals, whether small or big.

    • Bonus interest

      Deposit a minimum of $5 and make no withdrawals in any month to earn bonus interest

    • Unlimited transactions

      Make unlimited free BPAY® payments, Internet and Phone Banking transfers

    • No minimum opening deposit

      Open a Young Saver Account easily with no minimum opening deposit required

    • No monthly fees

      With no monthly fees, start your savings journey today

    • 24/7 access

      Easily access your account with our Mobile Banking App and Internet Banking

    • Online statements

      Monthly eStatements

    Fees

    Monthly fees
    Monthly feeMonthly administration fee - $0
    Disclosure documents

    Do some quick maths

    Find out how much interest you can earn and how long it will take to save for your goals.
    View our savings calculator

      Apply now

      You can apply for a new Young Saver Account for you (if you are under 18) or your kids over the phone, or by visiting your nearest branch.

      Guides and tips

      Need some help? We've got you covered. 

      Get in touch with us and we can help you get the answers you need.