Teen NetLink Direct Savings

An online savings account for teens with a competitive interest rate.

2.45 % p.a.
$0 - $4,999

An online savings account for teens with a competitive interest rate.

Teen Netlink Direct Savings
Product name 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.

Account opening and operation

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.

Features

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

Disclaimer information Expand

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.

Ready when you are

Become a member

Enjoy the many exclusive rewards of membership and join online today.

Join Online

Open an account

Speak to a friendly Member Services Consultant.

13 77 28

8:45am to 4:30pm Mon-Fri

Have a question?

Make an enquiry and we'll get back to you.

Email Enquiry