Capricornian Youth Access Account Summary
Description
The award-winning, Youth Access Account is designed for young people up to the age of 16 years, offering a full transactional account, no account service fee and no minimum monthly balance.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Available up to age 16.
- Ongoing rate cap: $5,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Capricornian Youth Access Account |
|---|---|
| Maximum variable rate | 2.25% p.a. |
| Ongoing interest rate | 2.25% p.a. |
| Base interest rate | 2.25% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 2.25% |
|---|---|
| Ongoing | 2.25% |
| Ongoing cap | $5K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | 16 |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 2.25% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 2.25% | This band only | First $5k |
| Standard variable | 1.75% | This band only | Over $5k |
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
- Personal savings comparison, other transaction, assisted-service and card fees can apply. No current introductory rate is established.
- Interest applies to portions: the first $5,000 receives the lower-balance band rate, and the remainder receives the published over-$5,000 rate, with no advertised upper ceiling. This corrects CDR whole-balance metadata and its truncated $49,999.99 upper band using the official rate schedule. No monthly activity qualification. The reviewed first eligible account has no monthly account service fee, subsequent accounts cost $6 per month.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Capricornian.
- Youth Access is available through age 16 inclusive. Parent/guardian operation and identification apply to younger children, debit-card access begins at 12. Student Access from 17–25 is a separate zero-interest transaction product, excluded from this savings comparison.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 28 Oct 2026.