In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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Border Bank Dynamo Kids Savings Account

Border Bank Kid's Dynamo/Flex Savings Account
Maximum variable rate
2.05% p.a.
Base interest rate
0.05%p.a.
Minimum deposit
$20

Summary

Be a savings dynamo with this educational and rewarding kids saving account.

The Dynamo Kid’s Savings Account a special purpose savings account for children. It’s low on fees, rewards savers with bonus interest and makes saving fun for kids. This account is a rewarding and educational way to teach kids about saving for a goal.

Pros

  • Bonus interest awarded as an incentive to save
  • No monthly account keeping fees
  • Quick and easy deposits

Cons

  • Available up to 18 years of age

In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Key details

Product Name Border Bank Kid's Dynamo/Flex Savings Account
Maximum Variable Rate 2.05% p.a.
Standard Variable Rate 0.05% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $0
Minimum Age 12

Key features

Bonus interest

Earn more interest by making regular deposits. Deposit just $20 every month and make no withdrawals and Border Bank offer an extra 2% p.a. interest. The maximum interest rate you can earn when you meet the bonus interest conditions is a competitive 2.05% p.a..


How to apply

Visit Border Bank website to start an online application for the Border Bank Dynamo Kid's Savings Account. You have to be under the age of 18 to apply for this account. If this is you, the application can be completed in under 10 minutes.

Have the following information on hand to complete the online application.

Identification

Basic personal contact information is required to apply for this account. Enter your name, date of birth, email, residential address and contact number.

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