Great Southern Bank
Youth eSaver
An online savings account for newborns up to 17 years old to help save for a bright future.
Savings & transaction accountsBank updated 22 May 2026
At a glance
- Base rate
- 1.00%
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest is calculated on daily balances and paid monthly. Rate applies on a stepped basis. | — | — | up to $5,000 | 5.50% | — | paid every 1 mo |
| VariableInterest is calculated on daily balances and paid monthly. Rate applies on a stepped basis. | — | — | $5,000+ | 1.00% | — | paid every 1 mo |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Monthly Service Fee | Periodic | No fee | — | $0 monthly account keeping fees |
§ 03 — Features
Instant paymentsPayIDDigital banking
- · Account Nicknames - Add a personal touch to your personal accounts
- · Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
- · The Boost. If you're looking for a way to achieve your savings goals faster, we've got a clever solution. We call it The Boost, and it'll help you save money as you're spending it!
§ 04 — Eligibility & limits
- · Maximum age 17
- · Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- · Opening balance $1
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Great Southern Bank under the Consumer Data Right, last changed by them on 22 May 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.