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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.