Young boy in cadet gear.

Kids Club account.

Earn
4 .75 % p.a. Variable rate.
Young boy in cadet gear.
Call us to open a Kids Club account.
1800 033 139

Key features.

An account for kids.

Give them a head start with an early savings account.

Variable savings rate.

A place to deposit savings that will provide a higher rate than a transactional account.

No monthly account fees.

$0 monthly account-keeping fees mean you can maximise your savings.

Our Kids Club account explained.

Who can open a Kids Club account?

Available to Defence Bank members aged 0 to 11 years. Account can only be opened by the parent or legal guardian.

Variable rate.
4 .75 % p.a.

Start the process to open a Kids Club account over the phone.

If you're an existing Defence Bank member, welcome back! Talk to us about a Kids Club account today.

New to the bank? In that case, we'll just need a few details and you'll be on your way.

Call us on 1800 033 139

Tools and calculators.

Budget planner.

Calculate your regular income and expenses and make a plan for your savings.

Deposit planner.

Track your projected savings over time, including interest, so you can calculate how long you'll need to save for a certain goal.

Expense planner.

A simple tool that helps you itemise and collate your regular expenses so you know what you spend in a typical month.

iSaver.

Grow your savings with flexible access to your funds and an introductory bonus interest rate.
Learn more.

Term deposits.

Combine some patience with our competitive rate for a return on your investment.
Learn more.

Money saving tips.

Find helpful tips and tricks in our blog.
Learn more.

For children under 12 years of age. At 12 we will convert your account to a Teen Saver.

Interest is calculated daily on the closing balance and credited on 31 March each year.

We may change our fees and charges and interest rates from time to time. For more details on our fees and charges, refer to the Fees and Charges Schedule (Domestic Transactions) and Fees and Charges Schedule (Overseas Transactions). For more details on interest rates, refer to the relevant interest rate schedule.

We also publish a brochure - ‘Tips on Reducing your Banking Fees with Defence Bank’ - which can be obtained via defencebank.com.au, by visiting your local branch or calling 1800 033 139.

All products except foreign currency facilities and insurance are issued by Defence Bank. Before acquiring a product, Defence Bank recommends you read the relevant terms and conditions relevant to the product, All documents are located here.

Any advice contained on this website is general advice only and does not take into account your needs, objectives or your financial situation.

Defence Bank’s Target Market Determination can be viewed here.