Savings account · Up to 17 years
Credit Union SA Children's Savings Account
4.60%p.a. total
0.05% base + 4.55% bonus when the conditions are met
88th of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. Children's Savings Account moved on 14 October, 14 days later.
What the bonus asks
2 things each month- Each month
- A deposit
- No withdrawals
- A month without them
Pays the 0.05% base rate on the whole balance.
- Who can open it
Anyone under 18
- Balance
The bonus is paid on balances up to $50,000.
Rate history
Last change 14 Oct- Children's Savings Account
- RBA cash rate
- Market average
October 20261 change
- 14Wed
- 4.35 → 4.60Bonus rate 4.30% → 4.55% · 14 days after the RBA rise to 4.60%+0.25
- #83SepSep 2026: ranked 83 of 120
- #87OctOct 2026: ranked 87 of 150
- #88NowNov 2026: ranked 88 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 3 months: from #87 of 150 in Oct 2026 to #83 of 120 in Sep 2026.
- A year meeting the conditions
- $2,300
- A year without meeting the conditions
- $25
- Against the average (4.37%)
- +$116
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Notes from savers
to leave a note.
Other Credit Union SA accounts: Bonus Savings Account 3.75% · Netsave Account 1.25%
Pays 4.60% p.a. total (0.05% base plus 4.55% bonus) as of 2 November 2026. Ranks 88th of 151 savings accounts tracked by BankMate, 0.23 points above the average of 4.37%. The rate last rose on 14 October 2026, 14 days after the RBA raised the cash rate to 4.60%. From Credit Union SA's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·