Earn while you learn
Young people are our future and we think it’s important to teach them about saving and how a great interest rate can help their money grow.
Build your savings
Choose from a Dollars and Sense account (for 0-12 year olds) or a Dosh account (for 13-17 year olds)*. There’s no minimum balance required so every dollar saved earns interest, with the first $4,000 earning one of the highest interest rates in the market for youth accounts.
Keeping things fair - no fees!
Under 18 year olds aren’t charged account, transaction or service fees** on any accounts they have with us. That means no withdrawal fees if they dip into their savings – after all, they’re still learning!
Give them access as they grow
- Once they’ve learned the ropes around managing money, as the parent or guardian you’ll have the option to give your young one more access to the account.
- This includes full internet banking access, an EFTPOS or Debit Mastercard®^.
- You’ll also be able to view their balances and transactions via your own internet banking.