In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
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Bendigo Bank PiggySaver Account

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
  • Your reviews
  • Ask an expert

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

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.

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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.


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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


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Andrea

March 13, 2018

Does this kids account come with a debit card?


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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


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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


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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


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