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With no limit on how much you have to deposit, or how little you can withdraw, CUA provides a high rate of interest to its Youth eSaver Account holders. This convenient account is designed for use by young Australians who want to reach their savings goals quickly. Being online, you can enjoy around the clock access to keep track of earnings and make transfers when needed.
2.5% p.a.
Maximum variable rate
2.5%p.a.
Base interest rate
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Product Name | CUA Youth eSaver Account (10-17 year olds only) |
---|---|
Maximum Variable Rate | 2.5% p.a. |
Standard Variable Rate | 2.50% |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $1 |
Minimum Age | 10 |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
A parent or guardian can open this account for a child under the age of 10, however you must act as the signatory for the account. The child can't make transactions from the account until they're 10 or older.