With no account fees, no minimum balance, and staff assisted fees for withdrawals waived, you can be confident that your kids’ savings are staying in their account.
The Dollaroo Account, our specialty kids account designed for children under the age of 16, is a great place to start your kid’s savings journey.
The Dollaroo Account encourages life-long habits and introduces them to principles of sensible saving, setting them up for life-long success.
With a great interest rate, their money is working hard for them, and they can take pleasure in watching their funds grow. Plus, with benefits such as no minimum balance, unlimited deposits and no account keeping fees, you can show your child the benefit of smarter banking, no matter how small or infrequent their deposits.
Savings & Bank Accounts |
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|---|---|
| Monthly Fee : | $0 |
| Annual Fee : | $0 |
| Minimum Amount : | $0 |
| Cheque Book : | No |
| Funds Available : | During branch operating hours |
| ATM/EFTPOS Access : | No |
| Online & Phone Banking : | Yes |
| Direct Entry (Credit/Debit) : | Yes credits only |
| Interest Income : | Calculated daily, paid 31 May 30 November |
| Debit Card : | No |
| Branch Access : | Yes |
| BPAY® : | No |
| Overdraft : | No |
| Periodic Payments : | No |
Gateway reserves the right to vary these interest rates at any time. Fees and charges, terms and conditions apply. Please view our Gateway Deposit Accounts & Access Facilities General Conditions of Use, Summary of Deposit Accounts & Availability of Access Facilities and General Fees, Charges and Transaction Limits brochures.
1 At 16 years of age the account is converted to an Edge Account.
2 A daily transaction limit of $5000 applies for transactions on Online Banking / Gateway App. Must be registered for Secure SMS in order to transfer funds externally. Refer to the Gateway App page for more information.
