Credit Union SA Children's Savings Account
savings accountage limitedterms checked
Children's Savings Account is a savings account from Credit Union SA. It pays 4.85% p.a. in a month in which the conditions below are met and 0.05% when they are not.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.
| Balance | Base | Bonus | Conditional |
|---|---|---|---|
| $0+ | 0.05% | 4.80% | 4.85% |
The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The feed states no cap on the balance that earns the bonus.
Conditions
For the bonus rate
- no withdrawals in the month
Other conditions
- bonus interest applies only to the first $50,000 of the balance
- bonus interest needs a deposit of any amount in the month as well as no withdrawals
Features
- card
- Visa Debit Card
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- notifications
- yes
- transactions
- unlimited
- round-ups
- yes
- wallets
- Apple Pay, Garmin Pay, Google Pay, Samsung Pay
Other features, in the bank's words:
- Round-ups (destination account)
- Lock, block and control your card
- Business Banking can be attached to the product
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Currency Conversion (no amount in the feed)
- interest paid
- monthly
- interest calculated
- daily
- age
- up to age 17
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- age 17 and under
About this account
Our Children’s savings account is for anyone under the age of 18 wanting an account to save or spend. The account rewards good savings behaviours and pays bonus interest if no withdrawals are made and if a deposit is made each month.The account pays interest on up to $50,000 and any amount above this will not earn interest.
Data
- Credit Union SA's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 12 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: childrens-savings-account, brc_1095.pdf, accounts; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/credit-union-sa.json: this bank's accounts and every balance band as JSON; Credit Union SA's page lists them.- The bank last updated this record on 12 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Credit Union SA
- 55+ Account savings account, 1.25% base at $50,000
- Bonus Savings Account savings account, 4.00% conditional at $50,000
- Netsave Account savings account, 1.25% base at $50,000
- Access Accountstale transaction account, 0.00% base at $50,000
- Business+ Accountstale transaction account, 0.00% base at $50,000
- Educator+ Account transaction account, 2.00% base at $50,000
- Port+ Account transaction account, 2.00% base at $50,000
All of Credit Union SA's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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