AMB Bank Military Kids Account
$0 monthly fee
An everyday transaction account for kids designed to be used in tandem with our Online Saver. It’s the perfect way for your child to learn responsible spending habits in a safe way.
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Not listed
- PayID
- Yes
- Overdraft available
- Not listed
Who can open it
- Age to open
- Up to 18
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
None
Most accounts that say charge none.
Overseas spending fee
3%
Of what you spend in another currency. Typical is 3%.
Overseas ATM fee
$5
Each time you take cash out overseas. Typical is $5.
Pros and cons
Pros
- No monthly fee. Keeping the account costs nothing, whatever you deposit.
- Pays interest. 0.01% on your balance, which most everyday accounts don't.
- PayID. People can pay you with your phone number or email instead of a BSB and account number.
Cons
Nothing stands out.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
