Bank WAW Youth Saver | Review & Compare Savings Accounts

Youth Saver

Bonus interest with conditions
App banking
Online banking
Linked account required

Maximum rate p.a.

4.50%*

Base rate p.a.

0.75%

Youth Saver

Bonus interest with conditions
App banking
Online banking
Linked account required

Pros and Cons

For Youth Saver

Benefits

Better than average maximum interest rate
Ongoing bonus interest (conditions apply)
No ongoing account fees
No minimum balance

Drawbacks

Only available with linked transaction account

Bank WAW Rate Savings Account overview

For Youth Saver

Account Details

Maximum rate p.a.

4.50%*

Minimum age restrictions

Base rate p.a.

0.75%

Maximum age restrictions

Maximum rate condition

*Deposit $50 and make no withdrawals each month

Minimum opening deposit

Interest calculation method

Whole Balance

Target Market Determination

Visit Bank WAW 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

Eftpos fee

ATM withdrawal fee

Overseas eftpos fee

Internet transaction fee

Over the counter deposit fee

Phone transaction fee

Over the counter withdrawal fee

Other Restrictions

Upon reaching the age of 26 the account will be changed to an S51 Everyday Saver account. Any cash withdrawal is limited to a maximum of $1,000 per day unless notice has been received 24 hours prior. Fees may apply to requests for amounts in excess of $15,000.