Savings Accounts

Are you saving for a special event, or a big purchase? Our savings accounts are perfect for everyday savers and for those in the Defence Forces. 

Junior Saver

Junior Saver

The Junior Saver Account is designed just for kids aged 0-17, and features a special savings program to encourage kids to develop positive savings habits for a great financial head start.

Suitable for

kids aged 0-17



No monthly




Features of the Junior Saver Account are:

  • No minimum balance to get started
  • Interest calculated daily, paid quarterly
  • The ability to use ATMs and EFTPOS
  • Free Visa Debit card available for kids 12 years and over
  • 6 free Australian Military Bank ATM transactions per month
  • 6 free EFTPOS transactions per month
  • No monthly account keeping fees
  • Unlimited withdrawals
  • Internet banking
  • Banking at Australia Post and in branch available
  • Tiered interest rates that increase as your balance does
  • Direct credit facility to help you save
To open a Junior Saver Account call us on 1300 13 23 28, or visit your nearest branch.

Rates & Fees


The rates and fees for the Junior Saver Account:

  • Monthly account keeping fee: $0
Balance Interest Rate
$0 - $499 0.25% p.a.
$500 - $999 0.50% p.a.
$1,000 or more 0.50% p.a.

Download our Schedule of Fees and Charges



Here are our top 5 questions about the Junior Saver Account. Have a different question? Call us on 1300 13 23 28 to speak to a consultant.

Does a parent or guardian have to be a signatory on the account?
Yes, a parent or guardian needs to be a signatory on the account until the child turns 18.                                                                                                                                                                                                   
How is the interest calculated?
Interest is calculated daily and is paid into the account quarterly.

How does the Savings Incentives program work?
Upon opening a Junior Saver Account, your child will receive a Youth Corner welcome letter and gift in branch to take part in our Savings Incentives.

When a certain level of savings is reached, a special gift is sent to the Junior Saver as a reward for successful saving. 

Our Savings Incentives are broken into two age groups:

  1. If your child is 12 years and under, they’ll receive 4 newsletters a year with their statements, full of fun games, competitions and savings tips.
  2. If your child is over 12, they’ll get quarterly emails and can also check out Youth Corner, filled with tips on growing their savings, starting out their first job and other fun tips, games and competitions for teens. 

Ask for the Youth Corner welcome pack to take part today.

What happens when my child turns 12?
When your child turns 12 they will be transferred to the Youth Corner program and will be eligible for a Visa Debit card.

What happens when my child turns 18?
When your child turns 18, they’ll no longer be eligible for the Junior Saver Account and will be automatically transferred to an Access Account.

Interest Rate
Monthly Fees
Online Banking
Phone Banking
Interest Calculated
Interest Paid
Restricted Withdrawals
Minimum Balance
Maximum Balance
Minimum Deposit
Minimum Withdrawal
Direct Debit and Credit Facility
Bank @ Post
Branch Banking

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