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Benefits for those aged 13 – 17
Bonus Interest
Deposit just $5^ a week to receive a bonus rate of interest to accelerate savings.
No monthly account keeping fees
Quick and easy deposits
Quick and easy deposits through Bank@POST™ and Border Bank (and Police Bank) Branches or Periodical Payments can be set up as a savings plan.
Easy Access
Access via Internet Banking to view transactions and act on your account, any time, any day of the week.
Contributes to Reduced Fees Program
Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates.
Available for 13 – 17 years of age
Prior to the Member turning 18 years of age, we will contact them to discuss transferring their Flex Account to another applicable account.
Australia has the strongest banking regulatory system in the world – all banks, building societies and credit unions meet exceptionally high standards on capital, liquidity, risk management and governance as set down by the regulator, APRA. Under the Banking Act deposits in all Australia’s banks, building societies and credit unions are safe.
Ready to apply for a Flex Youth Savings account?
Important Information
Interest payable is capped to a maximum deposit of $49,999.99.
The Flex Account is available for 13-17 years of age.
*The portable charger offer is available for new Members who open a Flex Account. Offer not available in conjunction with any other offer and can be withdrawn at any time.
^Bonus rate of interest applies if no withdrawals and a minimum deposit of $20 are made within a month.
† Prior to the Member turning 18 years of age, we will contact them to discuss transferring their Flex Account to another applicable account.