Kiddie bank accounts are few and far between, so it is just great to see Suncorp offering one. The 0.85% special interest rate, complete absence of account fees and top notch accessibility are some notable high points. It's these features which make Suncorp Kids Savings Account worth looking into for any kid.
Suncorp's Kids Savings Account helps little savers, save big. A minimum deposit of $20 a month plus no more than one withdrawal gives kids a 0.85% bonus interest rate. If these conditions are not met, the rate drops to a paltry 0.45% - a great incentive to save for any youngin'.
The Kids Savings Account is highly accessible, with online and phone banking capabilities. Any necessary transaction will be free and staff-assisted - seems like Suncorp are keen on helping out their youngest customers. Suncorp don't offer ATM accessibility with this account, but over the counter withdrawals are free.
To top it all off, the Kids Savings Account has no annual or account keeping fees attached, which is great news for any young saver.
The Suncorp Kids Savings Account is perfect for any kid or young adult who is keen to grow their savings and develop good saving habits.
The Suncorp Kids Savings Account is only available to customers under 18 years old.
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Balances from $0: 0.45% p.a. |
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Balances from $0: 0.85% p.a. |
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Minimum deposit of $20 and no more than one withdrawal in the month |
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$0.00 |
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n/a |
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Free staff assisted transactions, and internet and phone banking. |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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Monthly |
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no |
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none |
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no |
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no |
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no |
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yes |
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no |
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yes |
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yes |
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no |
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no |
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none |
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none |
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Under 18 |
I absolutely love Suncorp and had no drama I would recommend anyone to go with suncorp
Read full reviewI absolutely love Suncorp and had no drama I would recommend anyone to go with suncorp
The staff are extremely helpful and friendly
Read full reviewThe staff are extremely helpful and friendly
Good and helpful.
Read full reviewI don't pay account fees at all, it's great I have a debit card too.
Read full reviewI don't pay account fees at all, it's great I have a debit card too.
I wanted to set up a bank account for my 13yr boy. His ID could have been an issue because his mother hyphenated his surname but officially his surname is the same as mine. A consultant immediately took us to sit down, explained the product features, and made the ID and setting all up a cinch, a delight actually. Awesome product features also.
Read full reviewI wanted to set up a bank account for my 13yr boy. His ID could have been an issue because his mother hyphenated his surname but officially his surname is the same as mine. A consultant immediately took us to sit down, explained the product features, and made the ID and setting all up a cinch, a delight actually. Awesome product features also.
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.35% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.35% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.35% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.35% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
0.15% p.a.(for $0 and over)
2.00% p.a. (for $0 to $30,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.00% p.a. (for $0 to $250,000)
Yes up to $250,000
MyState Bank
Bonus Saver Account
0.05% p.a.(for $0 and over)
1.10% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.35% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Grow Saver
0.05% p.a.(for $0 and over)
0.35% p.a. (for $0 and over)
Yes up to $250,000
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
1.26% p.a. (for $0 and over)
Yes up to $250,000
UniBank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000
Teachers Mutual Bank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000