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Teen Saver

They can teach you about selfies and we will teach them about savings.

The Defence Bank Teen Saver is a great account for those aged 12-17 years, created with teens in mind. Spender or Saver? We cover both with no fees and a great interest rate for savings.

When linked to a Visa Debit Card or rediCARD, accessing the account is easy, thanks to the convenience of the rediATM network with around 3,000 locations across Australia.

You’ll also have access to your account via Online Banking and Defence Bank Mobile App on both Android and iOS, as well as Video and Web Chat.

The additional benefits of the Teen Access account are:

  • No account keeping fees
  • No transaction fees on EFTPOS
  • No fees for BPAY transactions or BPAY View transactions conducted through online or mobile banking
  • No Online Banking fees including External Transfers and Auto Transfers conducted through Online or Mobile banking
  • No monthly fees on the Visa Debit Card or rediCARD
  • No fees for SMS or email alerts
  • No Bank@Post withdrawal fees


Download a membership application for teens here

Call 1800 033 139
BSB 833-205