Following the RBA's announcement this week we have made changes to our interest rates. Read more here.

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BSB 650 000

Smart Saver Account for Under 25s

Give your savings a kick-start, and enjoy easy access to your money with our competitive interest account.

Apply now
  • interest rates icon Grow monthly! Save faster with our competitive monthly interest rate
  • access icon Flexibility Make up to two withdrawals within the month and still earn interest
  • Industry packages Great rewards Be rewarded for growing your balance each month
  • international services icon Worldwide access Enjoy quick and easy access to your money wherever Visa is accepted

Read more about how to get the most out of your account in our Guide to your Smart Saver Under 25s Account.

Speed up your savings.

  • Smart Saver for under 25s Overview

    Smart Saver for youth

    On balances up to $50,000 when all account holders are under 25
    0.90
    %
    P.A.

    Save faster with a great monthly interest rate

    A versatile account designed to suit the needs of our younger customers – whether it’s a child’s first account, or providing teenagers and young adults with a dedicated account to save for their first car or future adventures.

    • Pay no monthly account keeping fees – ever
    • Be rewarded for growing your balance each month
    Entire balance up to $50,000ᴥ 0.90%p.a.
    Entire balance $50,000-$100,000ᴥ 0.90%p.a.
    Entire balance $100,000-$250,000ᴥ 0.90%p.a.
    Entire balance over $250,000ᴥ 0.90%p.a.
    Free Everyday Transactions^^ You will receive two free 'Everyday Transactions' each month.
    Interest Calculated Daily
    Interest Credited On the last day of each calendar month
    Account Keeping Fee Nil
    Branch Withdrawal Fee $3.00
    eftpos Fee $0.60
    Newcastle Permanent ATM Enquiry Fee Nil
    Newcastle Permanent ATM Withdrawal Fee Nil

  • Accessing your money

    Enjoy quick and easy access to your money.

    Plus, you can enjoy the convenience of a Visa Debit Card – giving you 24/7 access to your money wherever Visa is accepted around the world. And with no monthly account keeping fees you can hit your savings goals faster.

    • Enjoy quick and easy access to your money wherever Visa is accepted.
    • Do your banking on the go and easily access your money using our family of mobile and tablet banking apps.

Our savings accounts have been designed to help you get ahead and accelerate your savings.

Get in touch

  • Contact us Call 13 19 87
  • Enquiry Make an enquiry

  • Locate us Find a local branch

    Find a local branch or ATM

    Your local branch hours may have changed as we navigate COVID-19. Things can change quickly, save yourself the trip and check your local branch info or bank from the safety and comfort of your home via the app, internet banking or call our local call centre team. 

    Impacted by flooding?

    Our Lismore branch has temporarily relocated to the Community Banking Hub in the Goodman Plaza at Southern Cross University. Flood relief package and additional support for NSW flood-affected communities is now available.  

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Interest rates effective as of 16/05/2022 and are subject to change without prior notice.
ᴥ 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. All account holders must be under 25 years of age as at the last day of that month to be eligible for this interest rate.
You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.
^^For more information about ‘Everyday Transactions’, refer to the product schedule.
^Newcastle Permanent Visa cards are accepted anywhere where Visa is accepted worldwide.
® Registered to BPAY Pty Ltd ABN 69 079 137 518