Youth eSaver
Transaction & Savings AccountsData Sharing Status
An online savings account for newborns up to 17 years old to help save for a bright future.
- Base rate
- 5.5%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Interest is calculated on daily balances and paid monthly. Rate applies on a stepped basis. | 5.5% | Youth eSaver Account balances up to $5,000 | monthly |
| Variable Interest is calculated on daily balances and paid monthly. Rate applies on a stepped basis. | 1% | Youth eSaver Account balances over $5,000 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Monthly Service Fee $0 monthly account keeping fees | Ongoing | $0.00 |
Features
- Real-time payments (NPP)
- Faster, simpler, smarter payments. Send super-fast payments via online and mobile banking with the New Payments Platform (NPP).
- PayID
- Create your PayID today in Online Banking. It's easy. Link your Everyday Account to a PayID for easy transfers using just your mobile number or email address.
- Account Nicknames - Add a personal touch to your personal accounts
- Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
- The Boost. If you're looking for a way to achieve your savings goals faster, we've got a clever solution. We call it The Boost, and it'll help you save money as you're spending it!
- Digital banking
- Wherever you are in the world, Great Southern Bank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
Eligibility
- Maximum age — 17 years
- Residency status — You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
Constraints
- Minimum balance — $0.00
- Opening balance — $1.00
More Information
Published by Great Southern Bank under the Consumer Data Right · Last updated 21 May 2026 · Product ID 2000-2000 · View on CDR.gov.au