Teen Saver
An everyday savings account for those aged 12-17 years with growing financial independence in mind.
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Details
| Field | Value |
|---|---|
| Base | 5.25% |
| Ongoing | 5.25% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 12 |
| Max age | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.25% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Teen Saver.
- No monthly saving or spending qualification. Interest is calculated on daily closing balances and credited on 31 March each year.
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 |
|---|---|---|---|
| 29 Oct 2026 | 5.25% | 5.25% | - |
Source: noren.com.au
Eligibility
- Teen Saver is a great option for those aged 12-17 years with growing financial independence in mind.
- Teen Saver is a great option for those aged 12-17 years with growing financial independence in mind.
- Youth personal account. Parent/guardian operation and cadet eligibility follow the product terms, conversion applies when the age limit is reached.
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 31 Oct 2026.