First Saver Account

A savings account designed for kids and teenagers

Our First Saver Account is designed to help kids and teenagers save for something special, while also learning how their money grows over time.

Opening an account early will help give your kids a head start for when they start banking more in the future. After all, it’s never too early to start saving.

Rates & fees

  • Rates
    Interest tier is determined on the whole of balance
    Interest tier is determined on the whole of balance
    Interest rate (p.a.)
    $0 - $1,999
    Interest rate (p.a.)

    0.45%

    $2,000 and over
    Interest rate (p.a.)

    0.75%

  • Fees
    One-off fees
    One-off fees
    Amount
    Account keeping fees
    Amount

    $0

    Transaction fees1
    Amount

    $0

    Ongoing fees
    Ongoing fees
    Amount
    Annual fees
    Amount

    $0

It’s easy to start saving today

Important Information
Interest Rates effective 23 September 2020.

Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.

This information does not take into account your objectives, financial situation or needs. Therefore you should firstly consider the appropriateness of this information and refer to the Terms and Conditions or Product Disclosure Statement (PDS) before acquiring a product. These documents are available at our branches or by contacting us on 1300 654 822. Victoria Teachers Limited ABN 44 087 651 769, AFSL/Australian Credit Licence Number 240 960.

1. Other fees and charges may apply.