To help children make responsible saving and spending decisions, we have a savings account designed for under 18s, along with a transaction account (with parental spend controls) which children can manage in the CommBank Youth app.
We also have a range of programs and initiatives to help children learn about money and saving, through School Banking and the Dollarmites. For parents, we have tips and fun activity sheets at The Beanstalk, to help you bring money to life for your children.
The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Full Terms and conditions for Transaction, Savings and Investment accounts are available here or from any branch of the Commonwealth Bank. If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.