The Capricornian Youth Access Account
Fee can be waivedFor kids
The award-winning, Youth Access Account is designed for young people up to the age of 16 years, offering a full transactional account, no account service fee and no minimum monthly balance.
- Overseas spending fee
- 3%
- Overseas ATM fee
- Not published
- Digital wallets
- Apple, Google
Monthly fee
How to avoid the monthly fee
Account service fee exempt on first account, $6.00 per month subsequent accounts.
Features
- Debit card
- Not listed
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay
- PayID
- Yes
- Overdraft available
- Not listed
Who can open it
- Age to open
- Up to 16
Who it's for
- You will need to become a member of the Credit Union before we can issue The Capricornian Account and Access Facility to you.
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
$6
Most accounts that say charge none.
Overseas spending fee
3%
Of what you spend in another currency. Typical is 3%.
Pros and cons
Pros
- Pays interest. 2.25% 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.
- Phone payments. Works with Apple Pay and Google Pay, so you can pay with your phone or watch.
Cons
- A monthly fee. $6, above the typical None. You can avoid it if you meet the conditions, such as a minimum deposit each month.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- $6
- Overseas spending fee
- 2.5%
- Monthly fee
- $6
- Overseas spending fee
- 2.5%
- Monthly fee
- $6
- Overseas spending fee
- 3.65%
