ANZ offers a range of features on children's bank accounts to help them save and bank with ease.
ANZ Access Advantage - child bank account options
If you are aged under 18 years, on application for the fee waiver, we will waive the monthly account service fee for an ANZ Access Advantage account1. This means you can make unlimited transactions at ANZ branches, ANZ ATMs and through EFTPOS, ANZ Phone Banking and ANZ Internet Banking.
ANZ Progress Saver
With an ANZ Progress Saver account, the account pays bonus interest in addition to the current base interest when you make at least one single deposit of $10 or more in a month and make no withdrawals or debits in that same month2
And if you're aged under 18 years, on application for the fee waiver your account will be free of transaction fees1.
(including EFTPOS on ANZ Access Advantage)
You could be rewarded with bonus interest in addition to the current base interest when you make at least one single deposit of $10 or more in a month and make no withdrawals or debits in that same month.2
For parents and guardians who are trustees of their child's bank account:
Access to funds via ANZ ATMs, ANZ Phone Banking, ANZ Internet Banking and ANZ branches (and EFTPOS on ANZ Access Advantage).
For customers aged 16 or 17 with a sole or joint account:
Access to funds via ANZ ATMs, ANZ Phone Banking, ANZ Internet Banking, and ANZ branches. Plus customers with an ANZ Access Advantage account may have access to Visa Debit4 and EFTPOS.
For customers aged 12 to 15 with a sole or joint account:
Access to funds via ANZ ATMs, ANZ branches, view only ANZ Internet Banking and balance enquiries via ANZ Phone Banking (and EFTPOS on ANZ Access Advantage.
|Opening an account|
If you are a parent or guardian opening an account for a child under 12 years, you will need to open the account in Trust for the child. You may choose to have full electronic access.
If you are a customer aged 12 to 17 and can sign a consistent satisfactory signature, the account can be opened in your own name or as a joint account with your parent or guardian. Otherwise, the account must be opened in Trust.
If you are a parent or guardian who is not an existing ANZ customer, you will be required to bring your own identification documents for the customer identification process plus identification for the child when opening an account:
|Acceptable forms of identification for child|
If you are a customer aged under 18 years, you will be required to bring one of the following forms of identification:
To find out more about what documents a parent or guardian needs to bring, please call 13 13 14 or visit any ANZ branch.
1. Customers aged under 18 need to show proof of age at an ANZ branch in order to receive their transaction fees waiver. Fees and charges apply. Please refer to ANZ Personal Banking Account Fees and Charges (PDF 112kB) for fees and charges that apply.
2. Bonus interest is subject to eligibility. You will be eligible to receive bonus interest in respect of a particular month if the set minimum deposit (currently $10) and no withdrawals, fees or charges are processed to your account on or before the last business day of that calendar month, and after the last business day of the previous calendar month.
3. Rates are variable and subject to change.
4. Eligibility criteria apply to the issue of ANZ Access Visa Debit card.
Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.
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