Young Achiever Savings
Savings and banking solutions for young children and teenagers made simple and easy.
On this page
Details
| Field | Value |
|---|---|
| Base | 1.40% |
| Ongoing | 3.35% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| 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
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 1.40% | Whole balance | All balances |
| Ongoing total, conditions met | 3.35% | Whole balance | All balances |
Source: noren.com.au
Bonus requirements
For Young Achiever Savings, meet these requirements to earn the ongoing total rate shown above.
- No regular monthly account service fee or advertised introductory offer. Other event/service charges apply, including a $20 annual inactive-account/dormancy fee, see the current fee schedule.
- Interest calculated daily. Whole-dollar tier headings use the acquired .99 cent ceilings and adjacent whole-dollar minimums, numeric rates and raw qualification text remain in the original source signature.
- Make at least one deposit and no withdrawals in the calendar month. No stated dollar minimum, separate growth or purchase test. Missing qualification earns the standard base. Interest 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 |
|---|---|---|---|
| 29 Oct 2026 | 1.40% | 3.35% | - |
Source: noren.com.au
Eligibility
- Personal Australian residents/citizens or permanent residents, subject to membership, identification and account-opening checks. Geelong is a separate brand/source under Hume Bank Ltd, ABN 85 051 868 556.
- Children and teenagers under 18, correcting source MAX_AGE 18. Parent/trust-for-minor arrangements and internet access rules apply. No universal numeric minimum age is specified.
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 28 Oct 2026.