Kids Bonus Saver
Big interest for little people.A savings account with bonus interest when you deposit
$5 or more per month and make no withdrawals.
Why Us?
Member First
We’re here to help. We prioritise your needs above all else.Trust & Service
We provide reliable and responsive service to ensure you feel valued and understood.Great Value
Choose from a range of highly competitive and award-winning products.Environmentally Friendly
We 100% offset our carbon emissions and support environmental and conservation projects.Kids Bonus Saver
Earn up to
5.55% p.a.*
Bonus Interest
By depositing $5 per month and making no withdrawals.
Easy Access
Access your money at any time via internet banking or our mobile app.
Flexible
Maximum balance $5,555 to receive bonus interest.
*For under 18s only. 0.05% p.a. variable interest is the base savings rate up to $5,555. 5.00% p.a. bonus interest is earned when you deposit at least $100 in a month and make no withdrawals.
Open a Kids Bonus Saver account
Government Guarantee
Deposits in First Option Bank savings accounts are protected by the Australian Government Financial Claims Scheme – up to a total of $250,000 per member. This provides you exactly the same protection as the same type of accounts offered by the major banks. Read more about the Deposit Guarantee on the APRA website here.