- Home
- Savings Accounts
- First Option Bank
- 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.
0.85%*
Minimum age restrictions
Base rate p.a.
0.05%
Maximum age restrictions
18
Maximum rate condition
*Deposit at least $5 per month without making a...
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
