Suncorp Bank Kids Savings
Bonus rate
A savings account for under-18s that offers bonus interest for regular savers
- Base rate up to
- 0.35%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 0.35% | +4.20% | 4.55% |
How to earn the bonus
Bonus interest - conditions must be met for bonus interest to be paid.
Who can open it
- Age to open
- Any
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
4.55%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.35%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
Nothing stands out.
Cons
- A low base rate. Only 0.35% in any month you miss the bonus conditions.
- Conditions for the bonus. Bonus interest - conditions must be met for bonus interest to be paid. Miss them in a month and you earn the base rate.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 4.55%
- Bonus conditions
- None
- Most it pays
- 4.55%
- Bonus conditions
- None
- Most it pays
- 4.55%
- Bonus conditions
- None
