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First Saver

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Would you like to help your child save for something special?

Our First Saver Account is the perfect way to teach children to save their money. It’s never too early to start saving.

Keep teaching children about saving money using the Budget Planner Calculator – with no regular expenses they’ll be excited to see how their pocket money can grow.

1.00% pa
interest rate
($0 - $1,999)

2.20% pa
interest rate
($2,000 and over)

Call 1300 654 822 Web Chat

The Details:

No account keeping fees or transaction fees means pocket money won’t be spent unnecessarily. The only exception is optional SMS Alerts and Enquiries. Tiered interest rates teach children the benefit of saving more money.
Savings can be accessed at any time – so your child can save for something big, something little, or just have somewhere safe to keep their pocket money. No minimum deposit or balance needed – perfect for a first savings account.
Your child can learn to use both Internet and Phone banking. Savings will grow quickly with interest calculated daily and applied quarterly.
The First Saver Account is available to everyone under 18.  
  Rates & Fees
First Saver (S19)
Interest Rates
$0 - $1,999 1.00% pa
$2,000 and over 2.20% pa

Please refer to Terms and Conditions Part B - Fees and Charges for details on transaction fees

  Ready to Apply

If you are aged between 0 -17 years, you can become a customer by choosing one of the following options:

Phone Us

Call 1300 654 822 between 8:00am and 7:00pm Monday to Thursday and Friday 8:00am and 6:00pm.

Download

Complete a New Customer Application and return it to us.

Visit Us

Complete an application in person at our Hawthorn East or Moonee Ponds Service Centres.

If you are already a customer, you can open a First Saver Account via the following options:

Download

Complete the Account Application and return it to us.

Terms and Conditions

Part A - Product Information
Part B - Fees and Charges
Part C - Interest Rates

  Calculators

Use our calculators to make informed decisions about your money.

Budget Planner Calculator
Manage your money effectively and achieve your savings goals with a budget.

 


Important Information
Interest Rates effective 6 March 2017. Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.