Suncorp Bank
Kids Savings
A savings account for under-18s that offers bonus interest for regular savers
Savings & transaction accountsBank updated 14 May 2026
At a glance
- Base rate
- 0.35%
- Bonus rate
- 3.95%
- Up to
- 4.30%
- Monthly fee
- $0
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusBonus interest - conditions must be met for bonus interest to be paid. | — | — | — | 3.95% | — | paid every 1 mo; Minimum deposit of $20 per month; Maximum of 1 withdrawal per month; Bonus interest is paid when you deposit at least $20 each month and make no more than 1 withdrawal in the month. |
| VariableStandard Interest calculated daily and paid monthly. If you do not meet the Bonus Conditions in a calendar month you still earn Standard Interest on daily balances. | — | — | — | 0.35% | — | paid every 1 mo |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Copy of bank cheque | Event | $12 | — | — |
| Interest Certificate | Event | $10 | — | previous financial year - per certificate issued |
| Physical Security Token | Event | $20 | — | Suncorp Bank Secured App (soft token) available at no cost |
| Record search/copy fee (cheques, records, retrieval) | Event | $70 | — | per hour |
| Request for Audit Certificate | Event | $30 | — | per certificate |
| Stop Payment Request - bank cheques | Event | $15 | — | — |
| Trace/recall of funds request | Event | $30 | — | — |
| Account keeping fee | Periodic | No fee | Every 1 mo | No monthly account keeping fees |
§ 03 — Features
Digital bankingUnlimited transactions
- · Pay $0 account keeping fees
- · No minimum balance to earn standard interest
- · Earn Bonus Interest when you deposit at least $20 each month and make no more than 1 withdrawal in the calendar month.
- · No maximum balance
§ 04 — Eligibility & limits
- · Maximum age 18
- · Residency: Account owners must be residents of Australia
- · Available to individuals
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Suncorp Bank under the Consumer Data Right, last changed by them on 14 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.