SWS Bank Junior Account
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Junior Account is a savings account from SWS Bank. It pays 1.50% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0+ | 1.50% |
One rate on every balance, with no upper limit.
Conditions
- not updated by the bank since 2025-09-15, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- ages 10 to 13
- for children aged 10 to 13 (the bank's summary of accounts says 10 to 12)
- interest is paid once a year on 30 June
Features
- card
- Visa Debit Card Available, no paywave facility
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- wallets
- Apple Pay, Google Pay and Samsung Pay available
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- EXCESS_TRANSACTION_FEES, CURRENCY_CONVERSION_FEE_VD (no amount in the feed)
- interest paid
- annually
- interest calculated
- daily
- age
- ages 10 to 13
- 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:
- residency: Australian citizen or permanent resident
- age 13 and under
About this account
Junior Account
Data
- SWS Bank's own page for this account.
- The bank's documents its product record links to: fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
- How often interest is paid comes from the bank's own page, not its product data, checked on 1 November 2026: "Interest calculated daily and paid annually on 30 June each year."
- We read the bank's own page and terms against this page on 1 November 2026: junior-account, swsbank-conditions-of-use, swsbank-summary-of-accounts-and-access-facilities, swsbank-schedule-of-fees-and-charges-oct-2024, fees-and-charges, interest-rates; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/swsbank.json: this bank's accounts and every balance band as JSON; SWS Bank's page lists them.- The bank last updated this record on 15 September 2025. 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 SWS Bank
- Card Free Accountstale savings account, 0.01% base at $50,000
- Christmas Clubstale savings account, 0.75% base at $50,000
- Goal Accountstale savings account, 0.25% base at $50,000
- Online Saverstale savings account, 2.00% base at $50,000
- Teenager Accountstale savings account, 2.00% base at $50,000
- Budget Accountstale transaction account, 0.01% base at $50,000
- Everyday Accountstale transaction account, 0.01% base at $50,000
All of SWS Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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