Best kids savings account

The top-rated savings accounts for the little savers. Assumes monthly deposits of $50 from age five to 17 inclusive.

Ranking
1
1 position up today
Maximum rate

1.00%

Company
CUA
Base rate

1.00%

Maximum monthly interest

$4.2

Total interest earned

$95.3

Ranking
2
2 position down today
Maximum rate

1.80%*

Company
Bank of Heritage Isle
Base rate

0.50%

Maximum monthly interest

$7.5

Total interest earned

$172.1

Ranking
3
1 position down today
Maximum rate

1.80%*

Company
Police Bank
Base rate

0.50%

Maximum monthly interest

$7.5

Total interest earned

$172.1

Ranking
4
1 position up today
Maximum rate

1.55%*

Company
Teachers Mutual Bank
Base rate

0.10%

Maximum monthly interest

$6.5

Total interest earned

$148.1

Ranking
5
5 position down today
Maximum rate

1.55%*

Company
Health Professionals Bank
Base rate

0.10%

Maximum monthly interest

$6.5

Total interest earned

$148.1

Ranking
6
1 position down today
Maximum rate

1.55%*

Company
Firefighters Mutual Bank
Base rate

0.10%

Maximum monthly interest

$6.5

Total interest earned

$148.1

Ranking
7
1 position down today
Maximum rate

1.55%*

Company
UniBank
Base rate

0.10%

Maximum monthly interest

$6.5

Total interest earned

$148.1

Ranking
8
1 position down today
Product
Maximum rate

1.40%

Company
Greater Bank
Base rate

1.40%

Maximum monthly interest

$5.8

Total interest earned

$133.7

Ranking
9
1 position down today
Maximum rate

1.55%

Company
Newcastle Permanent
Base rate

1.55%

Maximum monthly interest

$6.5

Total interest earned

$148.1

Ranking
10
1 position down today
Maximum rate

1.50%*

Company
Credit Union SA
Base rate

0.05%

Maximum monthly interest

$6.3

Total interest earned

$143.3

Ranking
11
1 position down today
Maximum rate

0.25%

Company
Endeavour Mutual Bank
Base rate

0.25%

Maximum monthly interest

$1

Total interest earned

$23.8

Ranking
12
1 position down today
Maximum rate

0.25%

Company
Sydney Mutual Bank
Base rate

0.25%

Maximum monthly interest

$1

Total interest earned

$23.8

Ranking
13
1 position down today
Maximum rate

1.10%*

Company
People's Choice Credit Union
Base rate

0.10%

Maximum monthly interest

$4.6

Total interest earned

$104.9

Ranking
14
1 position down today
Maximum rate

1.00%

Company
First Choice Credit Union
Base rate

1.00%

Maximum monthly interest

$4.2

Total interest earned

$95.3

Ranking
15
1 position down today
Maximum rate

0.65%*

Company
IMB Bank
Base rate

-

Maximum monthly interest

$2.7

Total interest earned

$61.9

Ranking
16
2 position up today
Maximum rate

0.80%*

Company
Queensland Country Bank
Base rate

0.01%

Maximum monthly interest

$3.3

Total interest earned

$76.2

Ranking
17
1 position down today
Maximum rate

0.70%*

Company
Commonwealth Bank of Australia
Base rate

0.05%

Maximum monthly interest

$2.9

Total interest earned

$66.7

Ranking
18
1 position up today
Maximum rate

0.75%

Company
Beyond Bank Australia
Base rate

0.75%

Maximum monthly interest

$3.1

Total interest earned

$71.4

Ranking
19
2 position down today
Maximum rate

0.65%*

Company
Westpac
Base rate

0.35%

Maximum monthly interest

$2.7

Total interest earned

$61.9

Ranking
20
1 position up today
Maximum rate

0.20%*

Company
First Option Bank Ltd
Base rate

0.05%

Maximum monthly interest

$0.8

Total interest earned

$19