Important disclosure
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 4.50%* p.a | Minimum age restrictions 13 |
Base rate 0.75% p.a | Maximum age restrictions 25 |
Maximum rate condition *Deposit $50 and make no withdrawals each month | Minimum opening deposit $0 |
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 $0 | Eftpos fee $0 |
ATM withdrawal fee $0 | Overseas eftpos fee $0 |
Internet transaction fee | Over the counter deposit fee |
Phone transaction fee $0 | Over the counter withdrawal fee |