AMB Bank Product
Military Kids Account
An everyday transaction account for kids designed to be used in tandem with our Online Saver. It’s the perfect way for your child to learn responsible spending habits in a safe way.
Savings & transaction accountsBank updated 15 Sept 2026
At a glance
- Base rate
- 0.01%
- Monthly fee
- $2
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | — | 0.01% | — | paid every 3 mo |
§ 02 — Fees · 26
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Archive retrieval fee | Event | $50 | — | Per hour fee applies plus any expenses incurred |
| Audit Certificate Fee | Event | $50 | — | Per audit certificate requested |
| Bank@Post Cheque Dishonour Fee | Event | $1 | — | At cost |
| Copies of statements (over 12 months) at branch | Event | $5 | — | — |
| Copies of statements (up to 12 months) at branch | Event | $2.50 | — | — |
| Declined Visa dispute | Event | $30 | — | If a Visa dispute lodged by you is declined and found that the claim was invalid |
| EFTPOS Dispute Fee | Event | $1 | — | At cost |
| Encashment of Foreign Cash | Event | $10 | — | Minimum encashment of AU$50 applies |
| Foreign Cash | Event | 1.00% of transaction | — | 1% of AUD value of amount purchased. Minimum order of AU$100 applies |
| Foreign Cheque encashment (<AU$5000) | Event | $15 | — | — |
| Foreign Cheque encashment (>AU$5000) | Event | $50 | — | — |
| Retrieval of deposited cheque | Event | $45 | — | — |
| Dormancy fee for accounts inactive greater than 24 months | Periodic | $2 | Every 1 mo | — |
| Amendment/ cancellation of telegraphic transfer/swift transfers | Transaction | $35 | — | — |
| Declined transactions (insufficient funds) | Transaction | $0.80 | — | ATM and EFTPOS within Australia |
| Direct debit dishonour - electronic | Transaction | $10 | — | — |
| EFT trace/recall of funds | Transaction | $25 | — | — |
| External transfer/BPAY (staff-assisted) | Transaction | $0.60 | — | — |
| Foreign Currency Conversion fee | Transaction | 3.00% of transaction | — | — |
| Foreign drafts | Transaction | $20 | — | — |
| Swift transfers | Transaction | $25 | — | Electronic funds transfer between Australian Military Bank and other financial institutions |
| Telegraphic transfers (AUD) | Transaction | $50 | — | — |
| Telegraphic transfers (foreign currency) | Transaction | $30 | — | — |
| Telegraphic transfers (online) | Transaction | $20 | — | — |
| Cash advance at other financial institution | Withdrawal | $4.50 | — | — |
| Overseas ATM withdrawals | Withdrawal | $4.50 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital banking
- · No monthly account keeping fees
§ 04 — Eligibility & limits
- · Maximum age 18
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Available to individuals
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Australian Military Bank under the Consumer Data Right, last changed by them on 15 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.