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Youthsaver Account

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

5.00%*

Base rate p.a.

2.60%

Youthsaver Account

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

5.00%*

Base rate p.a.

2.60%

Pros and Cons

For Youthsaver Account

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Ongoing bonus interest (conditions apply)
  • No ongoing account fees
  • No minimum balance

Drawbacks

    Commonwealth Bank Rate Savings Account overview

    For Youthsaver Account

    Account Details

    Maximum rate p.a.

    5.00%*

    Minimum age restrictions

    0

    Base rate p.a.

    2.60%

    Maximum age restrictions

    18

    Maximum rate condition

    *Grow your balance (excluding interest and bank...

    Minimum opening deposit

    $0

    Interest calculation method

    Tiered

    Target Market Determination

    Visit Commonwealth Bank of Australia 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

    Over the counter deposit fee

    $0

    Phone transaction fee

    $0

    Over the counter withdrawal fee

    $0