At a glance

$ 0
Account keeping fees
1.25 %P.A. ^^
Variable Base Rate + Bonus Interest Variable Rate*
$ 0
Minimum monthly deposit

Why choose our Kids Savings Account

Encourage the right saving behaviour for children under 14 with a BOQ Kids Savings Account held in their name. You can reward your kid's savings efforts with high interest, and teach them to take ownership of their own account.

High interest rates

Receive a high rate of interest on your kid’s savings account     

Linked to your account

Linked parents or guardians have full access to the account    

Safe keeping

Your child can make branch deposits, but all other account access by your child is restricted    

Deposit book

Kids receive their own deposit book and wallet to track their savings

Personalised statements

Kids receive statements in their name, so they can watch their savings grow    

Earn bonus interest

Reward good savings habits with bonus interest for saving, without withdrawing more than once a month*

Balance Variable Base interest rate % p.a. Variable Base + Bonus Interest rate % p.a.*
$1 to $4,999 0.05 1.25 (base rate + 1.20% p.a. bonus interest)
$5,000 to $49,999 0.05 1.25 (base rate + 1.20% p.a. bonus interest)
$50,000 and over 0.05 1.25 (base rate + 1.20% p.a. bonus interest)

Bonus interest will be paid in addition to the base rate if no more than one (1) withdrawal is made during a calendar month. Calculated daily and paid monthly**.


At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Features Applicable Fees
Minimum Monthly Balance Nil
Account Maintenance Fee Nil
Teller Withdrawals 1 free then $2 each
Internet Banking Funds Transfer and BPAY 1 free then $0.30 each

A full list of fees can be found in our Fees and Charges Guide below.

Important information

For important information on the Kids Savings Account, view the Terms and Conditions.

Ready to apply?

Visit your nearest branch to open a BOQ Kids Savings Account. 

Download an application form

Step 1. Complete an application form

Step 2. Return it to your nearest branch

Contact us

We can also help with:

Fixed term interest rates and no account fees

Term Deposits

Rewarding you with higher interest on balances over $5,000. Enjoy the security of a fixed rate for your nominated term.

  • Flexible terms from just 1 month
  • Minimum investment of just $1,000
  • Choose how and when you receive interest payments

Everyday banking with no monthly fees

Day2Day Plus Account®

The Day2Day Plus Account is the everyday bank account that frees you to live the way you want, each and every day.

  • Easily manage your daily transactions and bills through internet banking
  • Unlimited deposits, withdrawals, BOQ balance enquiries, funds transfer and BPAY transactions
  • Contactless payments and secure online purchases through Visa Debit