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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 has a tiered rate of interest. Maintain a balance of more than$500 and deposit at least $20 a week to earn up to 1.8% p.a. interest. This account is a rewarding and educational way to teach kids about saving for a goal.
$20
Minimum deposit
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Product Name | Border Bank Kid's Dynamo Account |
---|---|
Maximum Variable Rate | 1.8% p.a. |
Standard Variable Rate | 0.50% |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 12 |