Where Children can have fun with finance
Our Savings Account for Children comes packed with features that act as a perfect toolkit for your child's financial education.
Kids can learn good saving habits, see the power of compounding interest and learn about investing. Here's what else they have access to ...
| Interest Rate | 3.65%p.a. |
| Minimum Deposit | $1 |
| Minimum Balance | NONE |
| Interest Paid | Monthly |
| Interest Compounds | Monthly |
| Interest Calculated | Daily |
| Transfers In/Out | FREE |
| Account Fee | NONE |
Automated savings plans
If you have a particular savings goal in mind, e.g. house, car or retirement, then our Regular Savings Plan can help.
Our Regular Savings Plan lets you transfer funds into your account on a regular basis, e.g. weekly, fortnightly or monthly, saving you time and keeping your savings on track.
How saving regularly works
Printable Tax Certificates & Statements
Most banks give you the option to print off statements, but how many go as far as letting you print of your Tax Certificates as well?
At RaboPlus your Statements and Tax Certificates are generated dynamically and stored historically for your convenience. So when it's time to arrange your finances you can instantly print the copies you need.
Instant access to Term Deposits
From within your Savings Account we've made it ultra simple to transfer funds into a Term Deposit.
At RaboPlus our Term Deposits are created automatically for you. So there's no going into branches, filling out paperwork, picking up the phone or sending off instructions.
Instant access to Managed Funds
The hardest thing about investing in Managed Funds from your Savings Account is choosing which Managed Fund to invest in.
At RaboPlus we provide access to over 35 Managed Funds from 6 Fund Providers spread across 10 investment categories including Cash, Property and Equities. To get started simply find a fund that matches your appitite for risk.