Accounts for kids up to 6 years old

Build savings for your little one to help set them up for later.


Choose your account

Earn premium interest with an ANZ Serious Saver account

Standard interest rate

Rate is unavailable


Calculated daily and paid on the last business day of the month.

Premium interest rate

Rate is unavailable


Premium interest is paid if you make no withdrawals and deposit $20 or more before the end of the month. Calculated on your average balance for the month, and paid on the last business day of the month.

Total interest rate

Rate is unavailable


Choose whose name the account will be in

Option 1: Open the account in your name

If you (the parent or guardian) want to open an account for your child, but want to have control over it, you can open the account in your name but hold the money in trust for your child. We call this an informal trust account.

While you will have full access to money in the account, any withdrawals must be for the benefit of your child.

It also means you have:

  • Visibility and control over the account.
  • Access through your ANZ goMoney app and Internet Banking.
  • One free withdrawal a month (losing premium interest for that month). Then it’s $5 per month for two or more withdrawals.

From 13 years old, if your child is ready, they can open a new account themselves in their own name. 

Option 2: Open the account in your child’s name

  • No withdrawals or transfers can be made out of this account by anyone (including the parent or guardian) until your child is 7 years old.
  • You can be given ‘information only’ access on your child’s account. This means you can get information about the account, including transaction history and balances, over the phone and in branch but you won’t see the account in your goMoney app or Internet Banking, as it is in your child’s name.
  • When they turn 13 years old your child can ask us to give them sole access to their account(s), without your consent to that change.

Key differences of the two Serious Saver options

Option 1: Account in a parent's or guardian's name

Option 2: Account in a child's name

Who can withdraw or transfer money from the account?

Parent or guardian only (if used for child’s benefit)

No one (until child is 7 years old*)

Who can use the account in their goMoney app and Internet Banking?

Parent or guardian only

No one

Who can get information about the account over the phone and in a branch?

Parent or guardian only

Parent or guardian only (if they have ‘information only’ access)

Earn premium interest



Account fees



Transaction fees

One free withdrawal a month**

No withdrawals allowed (until child turns 7 years old*)




* When your child turns 7 years old, they will be able to withdraw or transfer money from the account and get information about the account over the phone and in-branch. There are no withdrawal fees for customers aged 17 and under.

** $5 per month for two or more withdrawals.

How to apply

From overseas: +64 4 470 3142

Helping kids learn about money

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How to bank safely

We’re committed to keeping your family’s banking safe. By working together, we can keep you even safer. Find out what you should do to bank safely. 

Important information

Our financial advice provider statement has some important information you should know about ANZ and our financial advice services. Please take the time to read it.

Our eligibility criteria apply. Fees and interest rates are subject to change. Non-standard fees may apply. Please use the following links for full details of our Terms and ConditionsFees and Charges (PDF 166KB)ANZ EFTPOS Card and ANZ Visa Debit Card Conditions of Use (PDF 103KB), and ANZ Electronic Banking Conditions (PDF 129KB).

Registration is required for ANZ goMoney, ANZ Internet Banking and ANZ Phone Banking. Telephone, mobile operator and internet service provider charges may apply to these services. Eligibility criteria and terms and conditions apply.  See for more information.