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Give your kids a head start in life

Help your kids get ahead with their first (award winning!) savings account, featuring a high interest rate to kick-start their savings. While stocks last, for each account opened and your child will receive a free moneybox*.

Your child’s first savings account is an important step. Saving from a young age could help them later in life for those big milestones, like buying a car or paying for studies. Importantly, starting saving at a young age teaches kids life skills to manage their money by saving, and then rewarding that behaviour with the occasional purchase!



Having a Smart Saver account has allowed my daughter to save quickly for the things she wants.

Opening an account is easy!

  • branch Step 1 Head to your closest branch.
  • ID Step 2 Bring your child’s birth certificate and Medicare card.
  • ID Step 3 Bring your driver’s licence or passport (parent/guardian).
  • Smile Step 4 Leave with a Smart Saver Account and a free moneybox!**

Fun for kids

From pocket money through to saving for a simple toy or big life event like buying your first car or going to uni, we have compiled the tools to help parents and children improve their understanding of money.

*Moneybox available while stocks last. Offer may be varied or withdrawn at any time. Product Terms and Conditions apply. The Canstar 5-Star Rating Award was awarded on 2 April 2019 for the Smart Saver Account (Under 25) for the Junior Saver category. This information has been prepared without taking into account your objectives, financial situation or needs. Therefore, before acting on this information, you should consider its appropriateness having regard to these matters and the product Terms and Conditions. Newcastle Permanent Building Society Limited ACN 087 651 992, Australian Credit Licence/Australian Financial Services Licence 238273
Interest rates effective as of 08/07/2020 and are subject to change without notice.
Interest is earned for every calendar month that your Smart Saver Account closing balance on the last day of the month is at least $10 higher than the opening balance on the first day of that month (excluding any amounts of interest earned on the account in that month) and no more than 2 withdrawals have been made from the account during that month. You and any other account holder of your Smart Saver Account must be under 25 years of age as at the last day of that month to be eligible for this interest rate.
^^For more information about ‘Everyday Transactions’, refer to the product schedule.
^Newcastle Permanent Visa cards are accepted anywhere where Visa is accepted worldwide.