The Finance Algorithm
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Money Sense

An account for those aged 12 to 17 to enjoy the feeling of saving and the flexibility of card access.

Savings & transaction accountsBank updated 23 Sept 2026

At a glance

Pricing
Rates on application

Fees

4 fees published, grouped by when they're charged.

When particular things happen4

  • Deposited Cheque Item Fee
    Varies
  • Dishonour Fee
    $15
  • Honour Fee
    $20
  • QuickDebit Dishonour Fee
    $15

Features

Instant paymentsPayIDDigital bankingUnlimited transactionsApple Pay.Google Pay
  • Save on paper, receive and view your statements online with eStatements.

Eligibility and limits

  • Minimum age 12
  • Maximum age 18
  • Residency: An eligibility constraint based on residency status applies.
  • Available to individuals

Published by Summerland Bank under the Consumer Data Right, last changed by them on 23 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.