Kids Bonus Saver
KIDS BONUS SAVER
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Details
| Field | Value |
|---|---|
| Base | 0.05% |
| Ongoing | 2.58% |
| Ongoing cap | Tiered |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | $5 |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | 0 |
| Max age | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.05% | This band only | All balances |
| Ongoing total, conditions met | 5.55% | This band only | First $10k |
| Ongoing total, conditions met | 0.60% | This band only | Over $10k |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Bonus requirements
For Kids Bonus Saver, meet these requirements to earn the ongoing total rate shown above.
- Variable annual rates calculated daily and credited monthly. Rates apply to each balance portion as expressly defined by the October provider rate schedule.
- The ordinary account keeping fee is $0. The standard membership administration fee is $5 per month, charged once per member. Fee/mth includes it unless an automatic age waiver is established. It is waived with an average monthly aggregate balance of at least $1,000, an active loan or credit card, age 25 or under, or the first three months of membership. A selected balance alone does not prove the monthly average.
- Optional paper statements cost $3 per statement, waived under age 12, this is not a mandatory monthly account fee. Dormant accounts over 12 months can incur $75 annually. Current fee documents supersede stale CDR age-21 and $2.50-per-month paper-statement wording.
- October pricing approval ends before the announced 1 November 2026 Sydney rate change. New rates require fresh collection and provider review.
- Deposit at least $5 in the calendar month and make no withdrawals or outgoing transactions. No purchase or additional balance-growth condition. Otherwise the ordinary base rate applies. The source omits these qualification rules, they are independently established by the current rate schedule and account summary.
- No debit-card access, online/app access. The entire balance is not assigned the highest rate: lower and excess portions retain their respective rates.
- The membership administration fee is waived by age. Current rate schedule pays the first $10,000 and excess portions at their respective qualifying totals, base applies on all portions when bonus conditions fail.
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 |
|---|---|---|---|
| 29 Oct 2026 | 0.05% | 2.58% | - |
Source: noren.com.au
Eligibility
- Personal Australian-resident scenario. Membership, subscription for a member share and identity checks are required.
- Under 18, including age 17. No minimum age under the current kids page. Parent/guardian controls for younger children, the TMD says child online/app access is unavailable under 12. The account converts to Savings + Bonus at 18.
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 31 Oct 2026. Pricing verified on 28 Oct 2026.