In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

Bendigo Bank PiggySaver Account

  • Avatar
Bendigo Bank PiggySaver Account
Maximum variable rate
3.75% p.a.
Base interest rate
3.75%p.a.

Summary

Teach your child effective savings habits from a young age with this account.

Customised for the youngest Australians, the PiggySaver Account helps to get them on the right track when it comes to saving. They’ll love the free money box and birthday rewards that come with banking their extra money, and you’ll like the competitive interest rate that they earn on it.

Pros

  • No monthly account keeping fee
  • Competitive interest rate
  • Access to hundreds of branches in Australia

Cons

  • No linked Visa debit card access

In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name Bendigo Bank PiggySaver Account
Maximum Variable Rate 3.75% p.a.
Standard Variable Rate 3.75% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $1

Savings Bank Customer Satisfaction Highly Commended:

Bendigo

Bendigo took second place in our Transaction Account category this year, with 91% of the users that we surveyed saying they'd recommend the bank to a friend. Its customer satisfaction rating was 4.36 out of 5. Find more about Finder Banking Satisfaction Awards 2023.

Picture not described

Key features

Monthly account keeping fee

You are not charged any monthly account fees with the PiggySaver Account.

Transaction fees

You are allowed unlimited and free access to this account using phone and internet banking.

Launch savings calculator


How to apply

This account can be applied for by visiting your local branch, calling them, or by filling out an online enquiry form which you can access online.

Eligibility

This form will allow you to schedule an appointment to apply for the account at your convenience. Before you begin, you should ensure that you are able to meet the following eligibility requirements:

  • Minimum age. The PiggySaver Account can only be opened in the name of an individual who is under 12 years of age.
  • Residency requirements. You must be an Australian resident with a residential address in order for your application to be accepted.

Compare other savings accounts

1 - 12 of 184
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro Period Government Guarantee Monthly Max Rate Conditions
Bank of Queensland Future Saver Account - 14 to 35 years
Finder Award
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.05%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 eligible transactions
Go to siteView details
Macquarie Savings Account
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
4.75%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Westpac Life (18-29 year olds only)
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
2.00%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow your balance
  • 5 debit card purchases
Go to siteView details
Bendigo Bank Reward Saver
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.30%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow your balance
  • Requires Bendigo transaction account
Go to siteView details
ING Savings Maximiser
Finder Award
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.55%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
Go to siteView details
ING Savings Accelerator ($150,000 - $500,000)
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
4.70%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Go to siteView details
Australian Unity Freedom Saver ($50,000 - $250,000)
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
5.10%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Rabobank High Interest Savings Account
Maximum Variable Rate p.a.
5.75%
Standard Variable Rate p.a.
4.40%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Newcastle Permanent Online Savings Account
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.00%
Intro Period
3 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Bank of Queensland Simple Saver Account
Maximum Variable Rate p.a.
4.85%
Standard Variable Rate p.a.
4.85%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
St.George Maxi Saver
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
1.10%
Intro Period
3 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Max Variable Rate includes 0.35% p.a. for 3 months for new customers who apply online
AMP Saver Account
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
1.20%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1000 in previous month
Go to siteView details
loading
Showing 12 of 15 results

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

E

September 28, 2022

Hi, what are the birthday rewards between ages 4-10? My daughter has had the account for years between these ages and never received a birthday reward. Thank you.


Avatar

Alison Banney Finder

October 29, 2022

Hi Eve,


You may want to get in touch with Bendigo directly to confirm details and determine whether your child is eligible for gifts or not.


Regards,

Alison


Avatar

Andrea

March 13, 2018

Does this kids account come with a debit card?


Avatar

Ash Munoz

March 20, 2018

Hi Andrea,


Thank you for reaching out to us.


The Bendigo Bank PiggySaver Account does not have a debit card to come with. You may withdraw by transferring the funds to another Transaction account through BPAY, Pay Anyone and telegraphic transfers.


I hope this helps.


Please do not hesitate to reach out to us again if you have additional questions.


Cheers,

Ash


Show more Show less
Avatar

Nicky

September 08, 2016

Hi I recently opened a piggysaver for my niece and never got the money box. Does it get posted or was I suppose to receive when I opened the account


Avatar

Clarizza Fernandez Finder

September 13, 2016

Hi Nicky,


Thanks for your question and apologies for the delay. I have been in contact with Bendigo and they have confirmed that you should have received the money box when you opened the account. If you have not yet received it, we recommend contacting Bendigo bank directly.


Regards,

Clarizza


Show more Show less
Go to site