---
title: "Youthsaver Account — CommBank"
description: "Transaction & Savings Accounts from CommBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/commbank/products/7aff9e0e85e6450eb052d4ff2e953223
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-29T02:15:33.000Z
---

# Youthsaver Account — CommBank

> Transaction & Savings Accounts from CommBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

Designed to help teach saving skills to under 18s, our Youthsaver account offers bonus interest for reaching saving goals.

## At a glance

- **Base rate:** 2.15%
- **Bonus rate:** 2.9% (conditions apply)

## Apply

Applications are handled by the provider: [Apply at CommBank](https://www.commbank.com.au/banking/youthsaver.html#apply)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (For the portion of the balance over $50,000 and/or if the bonus criteria is not met the standard rate will apply.) | 2.15% | — | monthly |
| Bonus | 0% | Amount $50,000.01+ | monthly |
| Bonus (We pay bonus interest on top of the standard variable credit interest rate on credit balances if you make at least one deposit each calendar month into your account. · We pay bonus interest on top of the standard variable credit interest rate on credit balances if you have a higher account balance at the end of the month compared to the account balance at the start of the month (excluding interest and bank-initiated transactions).) | 2.9% | Amount $0–$50,000 | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Paper Transaction Listing Fee — A fee charged when you ask us to give you a paper copy of transaction listings. | Event | $2.50 |
| Account Fee — Charged monthly | Ongoing | $0.00 |
| Paper Statement Fee — A fee charged when you ask us to give you a paper copy of past statements or ordered statements. | Event | $0.00 |
| Assisted withdrawal fee | Withdrawal | $0.00 |

## Features

- **Bill payment (BPAY)** — BPAY View (With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank.)
- **Digital banking** (Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.)
- **Real-time payments (NPP)** (Enjoy fast, secure payments anytime with PayID.)
- **Free assisted withdrawal is available for you to take money out at a Commonwealth Bank branch, or with telephone banking if using an operator.**
- **Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.**
- **Unlimited transactions** (Unlimited CommBank electronic transactions.)

## Eligibility

- **Maximum age** — 17 years (This account is for anyone under the age of 18 years of age. For children 13 years or under, a parent or legal guardian will need to open the account.)
- **Individuals only** (Accounts must be in the child's name only and are unable to be opened as a trust.)

## More information from CommBank

- [Overview](https://www.commbank.com.au/banking/youthsaver.html)
- [Terms & conditions](https://www.commbank.com.au/content/dam/commbank/personal/apply-online/download-printed-forms/SavingsInvestment_ADB2852.pdf)
- [Eligibility](https://www.commbank.com.au/banking/youthsaver.html#apply)
- [Fees & pricing](https://www.commbank.com.au/banking/youthsaver.html#rates)

## Data provenance

- Published by CommBank under the Consumer Data Right
- Product ID: `7aff9e0e85e6450eb052d4ff2e953223`
- Last updated by the provider: 29 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/commbank/7aff9e0e85e6450eb052d4ff2e953223
- Provider page: https://www.cdrcompare.au/brands/commbank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000008

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/commbank/products/7aff9e0e85e6450eb052d4ff2e953223) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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