Youthsaver Account

Designed to help teach saving skills to under 18s, our Youthsaver account offers bonus interest for reaching saving goals.
Category: Transaction & Savings Accounts  Last Updated June 3, 2026  Effective June 3, 2026

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Bill Payment Additional Information: With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank.
  • Digital Banking Additional Information: 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.
  • Npp Enabled Additional Information: Enjoy fast, secure payments anytime with PayID.
  • Other Additional Information: Free assisted withdrawal is available for you to take money out at a Commonwealth Bank branch, or with telephone banking if using an operator.
  • Other Additional Information: 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 Txns Additional Information: Unlimited CommBank electronic transactions.

 Product Eligibility

  • Max Age - 17. Additional Information: 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.
  • Natural Person Additional Information: Accounts must be in the child's name only and are unable to be opened as a trust.

 Bank Fees and Charges

  • Paper Transaction Listing Fee (Event), Amount: 2.50. Additional Information: A fee charged when you ask us to give you a paper copy of transaction listings.
  • Account Fee (Periodic), Amount: 0.00.
  • Paper Statement Fee (Periodic), Amount: 0.00. Additional Information: A fee charged when you ask us to give you a paper copy of past statements or ordered statements.
  • Assisted Withdrawal Fee (Withdrawal), Amount: 0.00.

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