Geelong Bank Young Achiever Savings
Bonus rate
Savings and banking solutions for young children and teenagers made simple and easy.
- Base rate up to
- 1.40%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 1.40% | +1.95% | 3.35% |
Who can open it
- Age to open
- Up to 18
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
3.35%
At its best balance, with any bonus. Typical is 3.60%.
Base rate
1.40%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- An age limit. Only for people up to 18.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 3.35%
- Bonus conditions
- None
- Most it pays
- 3.31%
- Bonus conditions
- Yes
- Most it pays
- 3.40%
- Bonus conditions
- None
