Youth Accounts
Designed for under 18s, our youth accounts are full of features to help manage and grow your money.
Your first taste of financial freedom
Banking and savings options for under 18s.
Everyday Youth Account
An everyday account for 10 to 17-year-olds.^ Start your journey to financial freedom.
Features
$0 monthly account fees
Unlimited fee-free electronic transactions
Visa Debit card if you're 14 or over^^
Youth eSaver Account
Start saving for a bright future
Features
$0 monthly account fees
2.50%p.a. interest rate on balances up to $5,000**
Add and withdraw your savings without affecting your interest rate
Comes with an Everyday Youth Account if you're aged 10 to 17^
Interest rate up to $5,000
2.50
%
p.a.
Interest rate over $5,000
1.00
%
p.a.
Why we're different
We like to do things a little differently. Here are a few things you can expect from us:
- Intuitive tools to help you save smarter, not harder
- Flexible loan options to help you pay it off sooner
- We've been putting customers first for over 75 years
The process was smooth and engaged my child!
Bridget, QLD
Great Southern Bank Member
Trusted by Australians for over 75 years.
Important Information
Rates current as at 1 June 2021 and are subject to change.
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
** Rate applies on a stepped basis. Interest paid at 2.50% p.a. on balances up to $5,000, then at 1.00% p.a. on that portion of the balance over $5,000.
^ Great Southern Bank Everyday Youth Account does not earn interest and converts to a Great Southern Bank Everyday Snap Account once you turn 18 years old.
*Great Southern Bank Youth eSaver Account converts to a Great Southern Bank eSaver Flexi Account once you turn 18 years old.
^^ Visa Debit cards available only to Australian residents aged 14 years or older, rediCARDs are available to customers aged 10 years or older.
New account application
New account application