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CUA Youth eSaver Account

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With no strings attached Australian young people can build their savings rapidly with a high rate of interest and no fees to pay

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.

3% p.a.

Maximum variable rate

3% p.a.

Base interest rate


Minimum opening balance


Product NameCUA Youth eSaver Account
Maximum Variable Rate3% p.a.
Standard Variable Rate3.00%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$1
Minimum Age10

Expert review

Alison Banney

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.

Expert review

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.

Key features


This account is meant for Australians between the ages of 10 and 17 who must be listed as the only account holder. No joint account holders are permitted although a parent or guardian may be given the authority to monitor the account.

Linked account

When you apply for the Youth eSaver Account you will also be prompted to open a CUA Everyday Youth Account so that you can easily make transfers into and out of your online savings account.

Launch savings calculator

How to apply

Completing an application for the CUA Youth eSaver Account should take about 10 minutes.


You will be asked to confirm that you meet the eligibility requirements before beginning. These include:

  • Minimum age. Account holders must be between the ages of 10 and 17 for the Youth eSaver Account to be opened in their name.
  • Residency requirements. In order to be eligible you must be a permanent resident of Australia and have a residential mailing address.

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  1. Default Gravatar
    October 21, 2018

    Which ATMs are accessible without a fee?

    • Avatarfinder Customer Care
      October 24, 2018

      Hi Toni,

      Thank you for leaving a question.

      You may visit the Credit Union Australia website and look at the top right hand corner of the page to see the “Find a Branch or ATM” button. Once you have entered your postcode, all CUA affiliated ATMs will reflect which are free of fees. Hope this helps.


  2. Default Gravatar
    July 4, 2017

    Do u still get the 4% p.a. No matter how many withdrawals you make

    • Avatarfinder Customer Care
      July 4, 2017

      Hi Pierce,

      Thanks for reaching out.

      With the CUA Youth eSaver Account, the 4% interest p.a. is only applied to balances $0-$5,000. So even if you make withdrawals but if you maintain your balance not more than $5,000, you’d be able to receive the 4% interest. The 1.00% interest p.a. will be applied to that portion of the balance over $5,000.


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