An online savings account for teens with a competitive interest rate.
$0 - $4,999
2.45 % p.a. Interest Rate
$5,000 & over
1.25 % p.a. Interest Rate
This account is a great way for teens to learn to regularly set aside money for savings. They can feel rewarded and watch their savings grow with high rates of interest.
The online savings account has no fees and can be accessed 24 hours a day, seven days a week via internet banking, the QBANK App and phone banking.
Once they turn 18 this account transitions to a standard NetLink Direct Savings.
The account is opened and operated by the teen. The teen can authorise a parent or guardian to access the account for additional control and oversight.
No transaction fees
No monthly account fees
Higher rate of interest on the first $5,000
24/7 account access via internet banking, app or phone banking
No minimum deposit or opening balance
Terms and Conditions and Fees and Charges apply. Current interest rates are available here and are subject to change at any time. The Federal Government’s Financial Claims Scheme (FCS) protects depositors in the event that a financial institution becomes insolvent. The FCS is administered by the Australian Prudential Regulatory Authority, APRA. For further information on the FCS, including limits on the protection level, please visit http://www.fcs.gov.au. Rate current as at 12 January 2017.
An everyday transaction account for teens aged between 13 and 17.
An account for parents or guardians to provide juniors with the best financial start.
We make it easy with our free car buying service.
Enjoy the many exclusive rewards of membership and join online today.
Speak to a friendly Member Services Consultant.
8:45am to 4:30pm Mon-Fri
Make an enquiry and we'll get back to you.