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- Kids Bonus Saver < 18
Kids Bonus Saver < 18
- Bonus interest with conditions
- App banking
- Online banking
Maximum rate p.a.
5.55%*
Base rate p.a.
0.05%
Kids Bonus Saver < 18
- Bonus interest with conditions
- App banking
- Online banking
Maximum rate p.a.
5.55%*
Base rate p.a.
0.05%
RateCity says
"Show your kids how their money can grow with the help of this savings account, offering a competitive interest rate and no account keeping fees."
Pros and Cons
For Kids Bonus Saver < 18
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
First Option Bank Rate Savings Account overview
For Kids Bonus Saver < 18
Account Details
Maximum rate p.a.
5.55%*
Minimum age restrictions
Base rate p.a.
0.05%
Maximum age restrictions
18
Maximum rate condition
*Deposit at least $5 per month and make no with...
Minimum opening deposit
$0
Interest calculation method
Tiered
Target Market Determination
Visit First Option Credit Union Limited 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
$0
Overseas eftpos fee
$0
Internet transaction fee
$0
Over the counter deposit fee
$0
Phone transaction fee
$0
Over the counter withdrawal fee
$0
Promoted savings account products
High Interest Savings Account
Real Time Rating™
- 2024 Award Winner
- Intro offer rate
- Online banking
Maximum rate p.a.
5.75%
intro 4 months then 4.40%
Base rate p.a.
4.40%
Bonus Saver Account
Real Time Rating™
- 2024 Award Winner
- Bonus interest with conditions
- App banking
- Online banking
Maximum rate p.a.
5.00%*
Base rate p.a.
0.05%
Reward Saver
Real Time Rating™
- Bonus interest with conditions
- Intro offer rate
- App banking
- Online banking
Maximum rate p.a.
5.25%
intro 4 months then 3.25%*
Base rate p.a.
Not Applicable
Westpac Life - 18 to 29 years old
Real Time Rating™
- 2024 Award Winner
- Bonus interest with conditions
- App banking
- Online banking
Maximum rate p.a.
5.20%*
Base rate p.a.
2.00%
Product data updated on 27 Apr 2024