Suncorp BankKids Savings
A savings account for under-18s that offers bonus interest for regular savers
At a glance
- Up to
- 4.55%
- Base rate
- 0.35%
- Bonus rate
- 4.20%
- Monthly fee
- $0
Rates
Every rate Suncorp Bank publishes for this account, 2 in all.
How the rate is made up
4.55%in a month every condition is met
To earn the bonus
- Minimum deposit of $20 per month
- Maximum of 1 withdrawal per month
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusBonus interest - conditions must be met for bonus interest to be paid. | - | - | - | 4.20% | - | 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 |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 8 Oct 2026 | Bonus | 3.95% | 4.20% | up 0.25 |
Each change is logged the night it appears in the rates Suncorp Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
8 fees published, grouped by when they're charged.
While you hold it1
- Account keeping fee
No monthly account keeping fees
No fee
When particular things happen7
- Copy of bank cheque$12
- Interest Certificate
previous financial year - per certificate issued
$10 - Physical Security Token
Suncorp Bank Secured App (soft token) available at no cost
$20 - Record search/copy fee (cheques, records, retrieval)
per hour
$70 - Request for Audit Certificate
per certificate
$30 - Stop Payment Request - bank cheques$15
- Trace/recall of funds request$30
Features
- 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
Eligibility and limits
- Maximum age 18
- Residency: Account owners must be residents of Australia
- Available to individuals
Compare it with others
Put this product through a calculator
Published by Suncorp Bank under the Consumer Data Right, last changed by them on 8 Oct 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.