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, you simply make one deposit of just $10 or more and make no withdrawals in any month and you'll earn bonus interest that month!2
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)
Earn interest on your savings with the opportunity to earn bonus interest by simply making one deposit of $10 or more and no withdrawals per 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 12 to 17 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.
At this age you can have optional electronic access through:
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 444kB) for fees and charges that apply.
2. The month commences on the day the account is opened.
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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