Youth Saver
WAW Youth Saver
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Details
| Field | Value |
|---|---|
| Base | 0.75% |
| Ongoing | 5.00% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | $50 |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | 13 |
| Max age | 25 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.75% | Whole balance | All balances |
| Ongoing total, conditions met | 5.00% | Whole balance | All balances |
Source: noren.com.au
Bonus requirements
For Youth Saver, meet these requirements to earn the ongoing total rate shown above.
- No fixed monthly account-keeping fee. Transaction and non-standard service charges can apply, including optional sub-account charges. No introductory savings offer is established.
- Deposit at least $50 in total and make no withdrawals during the month to earn bonus interest. Otherwise the base rate applies. No separate monthly balance-growth or card-purchase test. Interest calculated daily on the whole balance and paid monthly.
Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 31 Oct 2026 | 0.75% | 5.00% | - |
Source: noren.com.au
Eligibility
- Personal individual or joint account, subject to BankWAW membership and identity checks. The target market is people located in or associated with North East Victoria and Southern New South Wales.
- Aged 13–25 inclusive. Converts to Everyday Saver at age 26. No debit card access.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 29 Oct 2026.