Our Young Saver Account is a great way to help you or your kids get into good money saving habits. With no minimum opening deposit and no monthly fees, this account offers high interest rates on savings with the ability to earn bonus interest. The Young Saver Account is the perfect account for kids, tweens and teens to start their savings journey.
To work out how much you can save and how long it will take you, visit our savings calculator.
- If you have a job, free payroll splits can be set up to credit your Young Saver Account direct from your pay. This is a great way to keep your savings plan on track.
- Easy access to your account 24/7 with the People’s Choice Mobile Banking App, Internet Banking and Phone Banking.
- Competitive interest rates.
- Bonus interest is paid in any month when you deposit a minimum of $5 into your Young Saver account and make no withdrawals.
- Unlimited free BPAY® payments* and Internet and Phone Banking transfers can be made from the account. Please note: any withdrawal from the account will result in the loss of all bonus interest for that month.