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Your first taste of financial freedom
Banking and savings options for under 18s.

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 Customer

Top tips for managing money

Here are some great ways to help kids make more of their finances.
Opening a bank account for your child

Learn about the benefits of setting up a youth account for your little savers, and what to look for when considering a youth bank account.

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Five tips to teach your kids the value of money

Teaching your kids some basic financial knowledge will set them on the road to success. To help them learn the value of money, we've prepared some handy tips.

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Help your kids save money over the holidays

Whether your kids have a part-time holiday job, or are just doing chores for pocket money, a good interest earning savings account can get their money working just as hard.

Read more
Important Information

Rates current as at  03 May 2024 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.

Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.

** Rate applies on a stepped basis. Interest paid at 5.50% 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 Edge Account once you turn 18 years old.

* Great Southern Bank Youth eSaver account converts to a Great Southern Bank Goal Saver account once you turn 18 years old.

^^ Visa Debit cards available only to Australian residents. To view the Target Market Determination for Debit Cards, please click here.