Not sure which account is the right one for your child?


There are some key differences between our children’s accounts that you need to know about before opening an account for your child with us. Read our comparison of our Mini Mac Bonus Saver, Youth Saver and Junior Term Deposit accounts, to help you decide.
  Junior Term Deposit Mini Mac Bonus Saver Account Youth Saver Account
Interest Rate 4.70% p.a. Bonus interest rate 1.60% p.a. 0.02% p.a.
Base & Bonus Interest Total - 0.77% p.a. -
Variable Interest Rate - 0.02% p.a. -
Bonus Interest Rate - 0.75% p.a. -
Interest on Maturity 12 months 4.70% p.a. - -
Annual Fee - $0 $0
Monthly Fee - $0 $0
Periodical Payments - Yes * Yes +
Interest Paid - Monthly, calculated daily Monthly, calculated daily
Direct Debits - No Yes
Online Banking & The Mac App - Yes # Yes +
ATM/EFTPOS Access - No Yes +
Visa Debit Card - No Yes +
Branch Access - Yes ^ Yes
BPAY® - Yes * Yes +

* Credits only. No debits authorised.

+ $200 daily limit applies.

# Online Banking Enquiry Only access for operating parent/legal guardian.

^ Maximum of 2 withdrawals per calendar year. We reserve the right to close or refuse to accept further deposits if the account is not being used for purposes other than for private or domestic use of the child.