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CBA / Transaction & savings
Youthsaver Account
Designed to help teach saving skills to under 18s, our Youthsaver account offers bonus interest for reaching saving goals.
Updated 9 Sept 2026Individually tailored product
- Deposit rate type
- Variable
- Rate
- 2.15%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Additional info
- For the portion of the balance over $50,000 and/or if the bonus criteria is not met the standard rate will apply.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Bonus
- Rate
- 0%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $50,000.01
- Rate application method
- Per tier
- Additional value
- With a Youthsaver, you can earn bonus interest on balances up to $50,000 when you grow your savings balance each calendar month (this excludes interest and bank initiated transactions).
- Additional info uri
- View bank information ↗
- Deposit rate type
- Bonus
- Rate
- 2.9%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $0.00
- Maximum value
- $50,000.00
- Rate application method
- Per tier
- Applicability conditions
- Rate applicability type
- Min deposits
- Additional value
- 1
- Additional info
- We pay bonus interest on top of the standard variable credit interest rate on credit balances if you make at least one deposit each calendar month into your account.
- Rate applicability type
- Deposit balance increased
- Additional value
- 0.01
- Additional info
- We pay bonus interest on top of the standard variable credit interest rate on credit balances if you have a higher account balance at the end of the month compared to the account balance at the start of the month (excluding interest and bank-initiated transactions).
- Additional value
- With a Youthsaver, you can earn bonus interest on balances up to $50,000 when you grow your savings balance each calendar month (this excludes interest and bank initiated transactions).
- Additional info uri
- View bank information ↗
No lending rates were provided.
- Name
- Paper Transaction Listing Fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $2.50
- Currency
- Aud
- Additional info
- A fee charged when you ask us to give you a paper copy of transaction listings.
- Name
- Account Fee
- Fee type
- Periodic
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional value
- 1 month
- Name
- Paper Statement Fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- A fee charged when you ask us to give you a paper copy of past statements or ordered statements.
- Additional info uri
- View bank information ↗
- Name
- Assisted withdrawal fee
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info uri
- View bank information ↗
- Feature type
- Bill payment
- Additional value
- BPAY View
- Additional info
- With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank.
- Additional info uri
- View bank information ↗
- Feature type
- Digital banking
- Additional info
- Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
- Additional info uri
- View bank information ↗
- Feature type
- Npp enabled
- Additional info
- Enjoy fast, secure payments anytime with PayID.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- Free assisted withdrawal is available for you to take money out at a Commonwealth Bank branch, or with telephone banking if using an operator.
- Feature type
- Other
- Additional info
- Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.
- Additional info uri
- View bank information ↗
- Feature type
- Unlimited txns
- Additional info
- Unlimited CommBank electronic transactions.
- Additional info uri
- View bank information ↗
- Eligibility type
- Max age
- Additional value
- 17
- Additional info
- This account is for anyone under the age of 18 years of age. For children 13 years or under, a parent or legal guardian will need to open the account.
- Eligibility type
- Natural person
- Additional info
- Accounts must be in the child's name only and are unable to be opened as a trust.
No limits & conditions were provided.
No bundles were provided.