Cairns Bank Kids Saver Summary
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Description
A savings account for members under 18, with higher interest on the first $2,000 and a lower rate on excess funds.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Available up to age 17.
- Ongoing rate cap: $2,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Cairns Bank Kids Saver |
|---|---|
| Maximum variable rate | 3.20% p.a. |
| Ongoing interest rate | 3.20% p.a. |
| Base interest rate | 3.20% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 3.20% |
|---|---|
| Ongoing | 3.20% |
| Ongoing cap | $2K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | - |
| Max age | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 3.20% p.a..
Full rate breakdown
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| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 3.20% | This band only | First $2k |
| Standard variable | 0.60% | This band only | Over $2k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- No monthly account-keeping fee. Separate transaction, service or out-of-season access fees may apply. No recurring monthly deposit, balance-growth, purchase or withdrawal-count interest qualification, and no introductory offer.
- Reviewed pricing uses the matching current main product rate tables, central rate page and CDR rates. FAQ copy still quotes older rates and is not used for arithmetic, provider source changes require review.
- The first $2,000 earns the higher rate, with the lower rate on the excess. Rates at larger comparison balances are weighted across both portions, the higher rate is not applied to the whole balance.
- Clause 4.8 restricts Kids Saver withdrawals to the branch. Some FAQ copy mentions limited card access, this is not treated as a guaranteed card facility. Confirm access arrangements with the bank.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Cairns Bank.
- Cairns Bank membership and identity checks apply. Account opening is in branch. Adult membership requires a refundable $1 share subscription, members under 18 do not need to buy shares. The share is separate from monthly fees.
- Members under 18 only, with a parent or guardian involved in opening the account. One Kids Saver per member. Source MAX_AGE 18 is not treated as inclusive eligibility.
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Sources & review
Noren brings together product information from provider sources. Collection and pricing-check dates are shown separately; check the provider’s current terms before applying. Read how Noren collects and checks information and our data freshness policy.
Collected on 1 Nov 2026. Pricing verified on 29 Oct 2026.