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- Kids Savings Account (Ages < 14)
Kids Savings Account (Ages < 14)
- Bonus interest with conditions
- Online banking
- Linked account required
Maximum rate p.a.
2.75%*
Base rate p.a.
0.05%
Kids Savings Account (Ages < 14)
- Bonus interest with conditions
- Online banking
- Linked account required
Maximum rate p.a.
2.75%*
Base rate p.a.
0.05%
Pros and Cons
For Kids Savings Account (Ages < 14)
Benefits
- Better than average maximum interest rate
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
Drawbacks
- Only available with linked transaction account
BOQ Rate Savings Account overview
For Kids Savings Account (Ages < 14)
Account Details
Maximum rate p.a.
2.75%*
Minimum age restrictions
Base rate p.a.
0.05%
Maximum age restrictions
14
Maximum rate condition
*Bonus interest will be paid if no more than on...
Minimum opening deposit
$1
Interest calculation method
Whole Balance
Target Market Determination
Visit Bank of Queensland to view Target Market Determination.
Features
Joint application available
Is online only
Linked account required
Methods of Access
Internet facility
ATM access
Phone facility
Eftpos facility
Branch access
App
App only
Fees
Account keeping fees
$0
Eftpos fee
$0
ATM withdrawal fee
Overseas eftpos fee
$0
Internet transaction fee
$0.3
Over the counter deposit fee
$0
Phone transaction fee
Over the counter withdrawal fee
$0
Other Restrictions
Your child can make branch deposits, but all other account access by your child is restricted. VISA debit card is not available to customers under 14 years of age.
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Base rate p.a.
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Maximum rate p.a.
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intro 5 months then 1.45%*
Base rate p.a.
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Product data updated on 2 May 2024