Bankwest offers savings solutions designed to help children learn financial responsibility while building their future. A kids savings account is an excellent way for parents to guide their children toward smart money habits and secure their financial wellbeing.
Bankwest Kids Saver Account
An adult can open a kids savings account to accumulate funds for their child’s future. The adult retains control over the account and can manage it via phone or online banking.
Account Features
- No maintenance fees
- Competitive, tiered interest rates
- Interest paid monthly
Types of Savings Deposits for Children Aged 12 and Up
Children aged 12 or older can apply for a Term Deposit, Smart eSaver, Gold Term Deposit, or Hero Saver in their own name, allowing them to actively participate in saving and investing.
For additional assistance or inquiries, you can call 13-17-19. Choosing a Bankwest kids saver account is a great step toward investing in your child’s financial future.
Read also: