How do I open a bank account for a child in Australia?
Since an individual under the age of 18 cannot sign documents in Australia, a parent or guardian can open a teen account.
To do this, take the following documents with you to the department or upload copies when applying online:
- Your child's birth certificate or passport
- Driver's license or passport of the parent or guardian
- Utility bill or bank statement to proof the address
You can also place free funds on a savings account.
Calculate your future income on a savings account (example):
| Amount, $ | Rate, % | Accrued %, $ |
| 25,000 | 3.20% | 800 |
| 25,000 | 3.25% | 813 |
| 25,000 | 3.30% | 825 |
| 60,000 | 3.35% | 2,010 |
| 60,000 | 3.40% | 2,040 |
| 60,000 | 3.45% | 2,070 |
| 120,000 | 3.50% | 4,200 |
| 120,000 | 3.55% | 4,260 |
| 120,000 | 3.60% | 4,320 |
| 240,000 | 3.65% | 8,760 |
| 240,000 | 3.70% | 8,880 |
| 240,000 | 3.75% | 9,000 |
Do Australian banks offer bank accounts for 14 and 15-year-olds?
Yes, many Australian banks offer such current accounts. Particularly, you can apply for Smart Access from CommBank, Choice from Westpac Bank, Access Advantage from ANZ, Classic Banking from NAB, Youth Access Saver account from Bank Australia, and PiggySaver from Bendigo Bank.
Can I open child bank account online?
Yes, some Australian banks offer this option.
See the similar FAQ about Australian banks:
- Bank of Melbourne - Apple Pay
- Bank of Melbourne - Google Pay
- Bank of Melbourne - Samsung Pay
- Bank of Melbourne ATM withdrawal limit
- Bank of Melbourne BPAY service, how to use
Details of companies offering the financial services:
ANZ Bank
Head office’s address: 833 Collins Street
Contact center: 13-13-14
Phone: 61-3-9683-9999
Mail address: 833 Collins Street Docklands, Melbourne
Web-site: http://www.anz.com
Swift code: ANZBAU3M
Financial institution code: ANZ
Stock code: ANZ
ABN: 11 005 357 522
BSB: 015-891
Bank First
Head office’s address: 117 Camberwell Rd
Contact center: 1300-654-822
Phone: 61-3-9834-8560
Mail address: PO Box 338 Camberwell Vic 3124
Web-site: https://www.bankfirst.com.au/
ABN: 44 087 651 769
BSB: 704-191
Bank of Melbourne
Head office’s address: 525 Collins Street
Contact center: 61-132266
Phone: 61-3-9982-4186
Mail address: 525 Collins Street Melbourne
Web-site: https://www.bankofmelbourne.com.au/
Swift code: SGBLAU2S
ABN: 33 007 457 141
BSB: 193-879
Beyond Bank Australia
Head office’s address: 100 Waymouth St
Contact center: 13-25-85
Phone: 61-8-8205-8888
Mail address: GPO Box 1430 Adelaide SA 5001
Web-site: http://www.beyondbank.com.au
Swift code: CUSCAU2S
ABN: 15 087 651 143
BSB: 805022
CommBank
Head office’s address: 201 Sussex Street
Contact center: 13-22-21
Phone: 61-2-8055-4001
Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street
Web-site: https://www.commbank.com.au/
Swift code: CTBAAU2S
Stock code: CBA
ABN: 48 123 123 124
CommBank
Head office’s address: 201 Sussex Street
Contact center: 13-22-21
Phone: 61-2-8055-4001
Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street
Web-site: https://www.commbank.com.au/
Swift code: CTBAAU2S
Stock code: CBA
ABN: 48 123 123 124
Gateway Bank
Head office’s address: 68 York St
Contact center: 1300 302 474
Phone: +61 2 9307 4200
Mail address: GPO BOX 3176 SYDNEY NSW 2001
Web-site: https://www.gatewaybank.com.au/
Swift code: ASLLAU2CGTW
ABN: 47 087 650 093
BSB: 676-000
NAB
Head office’s address: 800 Bourke Street
Contact center: 13-22-65
Phone: 61-3-8566-7023
Mail address: Level 4, 800 Bourke Street, Docklands, VIC
Web-site: http://www.nab.com.au/
Swift code: NATAAU3303M
Financial institution code: NAB
Stock code: NAB
BSB: 086-027
Queensland Country Bank Limited
Head office’s address: 333 Ross River Road
Contact center: 1800 075 078
Phone: +61 7 4412 3526
Mail address: PO Box 679 Aitkenvale QLD 4814
Web-site: https://www.queenslandcountry.bank/
Swift code: QCCNAU41XXX
ABN: 77 087 651 027
BSB: 654 000
St. George Bank
Head office’s address: 275 Kent Street
Contact center: 13-33-30
Phone: 61-2-9553-5333
Mail address: St.George Bank Locked Bag 1 Kogarah NSW 1485
Web-site: http://www.stgeorge.com.au/
Swift code: SGBLAU2S
Financial institution code: STG
Stock code: SGB
ABN: 33 007 457 141
BSB: 112-908
Westpac Bank
Head office’s address: 275 Kent Street
Contact center: 13-20-32
Phone: 61-2-9155-7700
Mail address: 275 Kent Street, Sydney, NSW
Web-site: https://www.westpac.com.au/
Swift code: WPACAU2S
Financial institution code: WBC
Stock code: WBC
ABN: 33 007 457 141
BSB: 032-063