Money Minder Account
Here is a great account to help your child develop good savings habits from an early age.
Designed for children aged 12 years and under, this account has no transaction or ongoing account keeping fees, and it comes with its own passbook so your child can watch their savings grow. Plus, every birthday (up to the age of 12) the children will receive a birthday card and free passes to some exciting local attractions. Something the whole family can enjoy!
To open a Money Minder Account, you must provide a birth certificate to confirm the identity and age of the child. Alternatively, parents or guardians may set up the account in the child's name with themselves as signatory, if preferred.
Benefits
- No ongoing account keeping fees.
- No transaction fees.
- Free Internet and phone banking.
- Over the counter access.
Product Features
|
Money available at call |
Yes |
|
Transaction record |
Passbook |
|
Interest |
Money Minder Interest is calculated monthly and paid every six months |
|
Minimum opening balance |
$1 |
|
Access and transactions |
- Direct credit - Internet banking - Phone banking - Over the counter |
|
Transaction fees |
Nil |
|
Ongoing account keeping fees |
Nil |
How to apply
Want to help your children start saving? If so, read more on how to apply.
Kids - print out your Money Minder colouring-in sheet
To open PDF files, you will require Adobe Acrobat Reader. Download it for free from the
Adobe website