Youth eSaver Account
A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.
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Details
| Field | Value |
|---|---|
| Base | 1.95% |
| Ongoing | 1.95% |
| Ongoing cap | Tiered |
| 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 | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.75% | This band only | First $5k |
| Standard variable | 1.00% | This band only | Over $5k |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Rate requirements
For Youth eSaver Account.
- No monthly deposit, growth, purchase or withdrawal-count qualification. Advertised youth rate applies only to the first balance portion, excess earns the separate lower rate.
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 | 1.95% | 1.95% | - |
Source: noren.com.au
Eligibility
- Australian resident with an Australian address, newborn through age 17, sole child holder. One Youth eSaver per child. A parent/guardian must open and operate for a child under 10, authority can be changed from age 10. Converts to Goal Saver 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 30 Oct 2026. Pricing verified on 28 Oct 2026.