Bonus interest rewards for under 18s when savings goals are reached
This could be for you and your child if you want:
Transaction account for under 14s with parental controls
This could be for you and your child if you want:
If you’re still unsure which youth account to choose
Visit a branch to explore other options if you want:
Designed for under 18s, our Youthsaver account encourages children to save money and offers bonus interest for regular savings.
With lots of great features such as the School Banking program and the Dollarmites, a Youthsaver account can help kids get off to a good start.
Parents and guardians have full control over the Youthsaver account until the child turns 14 years of age.
As a parent or legal guardian, you can open a Youthsaver account online for a child who's 13 or under. If the child is 14 or over, they can drop in to the nearest branch with their birth certificate or passport.
A transaction account for under 14s that’s best used with our Youthsaver account. Helps your child learn responsible spending habits with the protection of parental spend controls.
School Banking is a fun and engaging way for young Australians to learn about money and develop good savings habits.
Run through participating primary schools nationally, children who deposit money into their Youthsaver account through the program earn Dollarmites tokens which they can redeem for exciting rewards.
Children who join will receive a Dollarmites deposit wallet, a money box and a range of fun, engaging materials to help them learn and encourage them to save.
To help reward savings efforts, every time a student deposits into their Youthsaver account through School Banking, they’ll receive a Dollarmites token.
Once they’ve collected 10 tokens, they can redeem them for exciting reward items through the School Banking Rewards Program.
The Beanstalk is a one-stop resource that helps parents, guardians and teachers bring money to life for children. Browse tips and download fun activities such as puzzles, party planners and chore and savings trackers.
It's important to teach children about money. Discover ways to encourage your child to save.
Help your child stay motivated to reach their savings goals with our Savings Tracker.
Designed for children under 12 years of age, the Dollarmites makes money fun with interactive games, downloads, competitions and tips to help children save for the things they want sooner.
StartSmart is Australia’s leading financial education program for students. Our StartSmart workshops make learning about money fun and give students the confidence to make smart decisions about money from a young age.
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