Teen Saver
A flexible everyday account for teenagers aged 13-17 years that s easily managed with no transaction fees.
On this page
Details
| Field | Value |
|---|---|
| Base | 4.25% |
| Ongoing | 4.25% |
| 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 | 13 |
| Max age | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 4.25% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Teen Saver.
- No regular monthly account-keeping fee or advertised introductory offer on this account. Other service charges apply, including an inactive-account annual charge, see the current fees schedule.
- Interest is calculated daily on the whole balance. No compulsory linked transaction account has been established by the reviewed terms.
- No monthly activity bonus test. Interest paid monthly, funds at call with transaction facilities and an optional debit card. The provider summary expressly classifies this as a youth savings account.
- An extra term-deposit benefit is separate from this savings account interest rate and is not added to it.
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 | 4.25% | 4.25% | - |
Source: noren.com.au
Eligibility
- Personal Australian citizen or Australian resident, subject to identity and tax-residency checks. Membership requires a refundable $2 share, it is not a monthly fee.
- Members aged 13–17 inclusive. The source MAX_AGE 18 is corrected using the current product page, TMD and rate schedule.
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.