The Finance Algorithm
IMB Bank

Zoo Account

An account made for Kids. The IMB Zoo Account is a fun, interactive account that encourages kids to save by rewarding them for their efforts.

Savings & transaction accountsBank updated 22 Sept 2026
At a glance
Base rate
0.10%
Bonus rate
4.40%
Up to
4.50%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Bonus4.40%paid every 1 mo; Maximum 0 withdrawal in a month; Minimum $10 deposit required with no withdrawals to meet Bonus Interest Criteria; Standard Variable Bonus interest is payable when bonus interest criteria are met - a minimum $10 deposit and no withdrawals are made in the calendar month.
Variable0.10%paid every 1 mo
§ 02 — Fees · 23
FeeTypeAmountWhenNotes
Foreign cheque conversion (value AU$10,000 and greater)Deposit$50Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Foreign cheque conversion (value less than AU$10,000)Deposit$25Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Manual deposit other institutionDeposit$10
Audit CertificateEvent$30Per certificate
Copy of Financial Institution chequeEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Copy of withdrawal or deposit formEvent$15
Default feeEvent$25When your savings account is overdrawn for 20 days, a Default fee will be debited from your account on the 20th day and a further Default fee debited each month thereafter while your account remains…
Default Notice feeEvent$30A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding…
Interest statement - ElectronicEvent$2.50Per page
Recalculation of interestEvent$30Per page
Research feeEvent$30Per page
Retrieval of archived documentsEvent$20Per page
SMS AlertsEvent$0.25Per alert
Special clearance on chequesEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Stop payment fee (IMB cheques)Event$12.50Maximum charge. Charges either wholly or partly imposed by third parties.
Trace on Electronic Debit/CreditEvent$20
Trace on Financial Institution chequeEvent$50Charges either wholly or partly imposed by third parties.
Transaction Listing - Electronic - 10 pages and overEvent$0.50Per page
Transaction Listing - Electronic - up to 10 pagesEvent$5
Transfers between accounts to cover overdrawn balanceEvent$15
Unclaimed monies/dormant accountEvent$40Maximum charge per account
Purchase of foreign currencyWithdrawal1.00% of transaction$10 or 1% of the value of the total order (whichever is greater).
Total cash withdrawal over $2,000 in a dayWithdrawal0.20% of transactionA fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactions
  • · Direct Credit is available on this account type.
  • · Receive Electronic Funds Transfers (EFT) to this account type.
  • · IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • · IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
§ 04 — Eligibility & limits
  • · Maximum age 12
  • · Available to individuals
  • · Opening balance $1

Published by IMB Bank under the Consumer Data Right, last changed by them on 22 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.