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Keep all your child’s savings with no account fees.
Watch their savings grow faster with tiered interest rates.
Teach them how to save, with cash out only in January and December.
The Kids Savings Account makes saving easy and rewarding. It has no fees, interest payments and limited cash out. Your kids will develop responsible money management while watching their savings grow. As a parents or guardian, you oversee the account, making it a safe and smart choice for your child.
This account helps parents and guardians introduce kids aged 12 and under to smart banking. With no monthly fees and more interest on higher balances, they’ll watch their money grow. Your kids can only take cash out in January and December, teaching them to be patient and save.
The child must be 12 years or younger
Please see Rates & Charges for more information.
Kids Savings Account Application Form
If you’re applying from a rural area, contact your local BSP branch for guidance, or use our online enquiry form for help.
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