Our Children’s Savings Account has taken out Mozo’s Expert Choice Award for the third year in a row and received a 5-Star Rating from Canstar.
So, we can officially say it’s one of the best in Australia!
This account is for anyone under 18 years of age.
Bonus interest – Bonus interest applies each month you make a deposit of any amount and make no withdrawals.
Saving skills – Our bonus interest helps teach children the benefits of regular saving.
Fee free – And best of all there’s no monthly fees or transaction fees*
Children's Savings Account interest rates
|Product Name||Interest Rate||Bonus + Rate|
|Children's Savings Accounts||0.05% pa||1.10% pa|
Bonus interest applies each month you make a deposit (of any amount) and no withdrawals. The portion of any balance above $50,000 will not receive bonus interest.
Children's Savings Account fees
Open a child membership by following these instructions:
- Log into your Internet Banking
- Select 'Apply for' from the top menu
- Click 'Child Membership' from the drop-down menu
- Complete our online Child Membership form.
Please note you’ll need a photo/scan of the child’s birth certificate or passport to complete the process.
Not a member?
(12-18 year olds)
If you’re 12-18 years of age and not already linked to a membership you can join online now. Simply select ‘Just for me’ at the beginning of our online membership form and following the prompts.
Please note you’ll need at least one form of personal identification.
Not a member?
(Parents or guardians)
If you’re over 18 years of age and would like to join online and open a child membership at the same time. Simply select ‘Me and a child’ at the beginning of our online membership form and follow the prompts.
Please note you’ll need at least one form of personal identification for you and a photo/scan of the child’s birth certificate or passport to complete the process.
We’ve got you sorted with a number of handy calculators that will help you work out exactly what you’ll need to do to achieve your financial goals, whether that be borrowing money, making repayments, or creating a savings plan.
Mobile Banking App
Available for both Apple and Android smart devices, the Credit Union SA Mobile Banking App allows you to utilise all the best functionality of our website and Internet Banking services – anytime and anywhere you have an internet connection.
Digital wallets can be used to pay for purchases via a Credit Union SA Visa Debit Card or Visa Credit Card loaded into your smart device, wherever mobile payment systems are offered.
FREQUENTLY ASKED QUESTIONSView all Accounts FAQs
Our savings accounts are designed to encourage and reward members for maintaining a regular savings program.
We offer a number of calculators that will help you work out what you'll need to do to achieve your goals – whether it be borrowing money, making repayments, or creating a savings plan. Visit our calculators to get started.
Alternatively, you can complete the New Accounts and Access Services form and return to:
Credit Union SA
Reply Paid 699
Adelaide SA 5001
Your default password will allow you to log into your Internet Banking via the Internet Banking LOGIN button, located on the right hand corner of every page of this website.
For security reasons, the first time you log on you’ll be required to change the PASSWORD we gave you. This will need to be between eight and sixteen characters long. It’s imperative that you protect this password. Credit Union SA staff will never ask you for it, and you shouldn’t reveal it to anyone else either.
A Mobile Banking App is an application that is downloaded to your smart device via the app store that makes accessing your accounts even easier. Once your Mobile Banking App is setup, you can access your accounts at the touch of a button using a four digit PIN or fingerprint.
- Checking your balances and transaction history
- Transferring money from or to other Credit Union SA members
- Transferring money to other financial institutions
- Paying a bill using BPAY®
Internet Banking is accessed via a web browser which can still be accessed on your smart device or desktop computer using your account number and password. For services such as loan redraw, or opening a new savings account, you will need to access Internet Banking from a web browser on a computer or smart device.
You can view your eStatements using your Mobile Banking App or Internet Banking.
Mobile Banking App
Go to ‘eStatements’ in the drop-down menu, then ‘View eStatements’ and choose from the list.
Go to ‘Accounts’ on the top navigation bar, then ‘eStatements’ and choose from the list.
GUIDES AND NEWS
You can contact us by calling us, visiting us, making an appointment, or using Secure Mail.
We’re here to answer any questions you might have – make sure you have your Access Code ready!
400 King William Street, Adelaide has self-service options available to make your life easier.
Mobile Lending Managers
Our Mobile Lending Managers can help our members by phone or email, with video calls now available.
INFORMATION YOU SHOULD KNOW
*We do not charge any fees when using ATMs within Australia. However, some ATM operators may charge a fee to process your transaction or balance enquiry. If withdrawing cash overseas a fee may be charged by the ATM operator and the details will be disclosed at the time of the transaction or enquiry. Other fees and charges may apply. This is general advice only and you should consider the terms and conditions before determining whether any of our products are suitable to your situation.
The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination
Canstar’s Awards uses a methodology unique to Canstar, which compares institutions’ products and services and recognises the providers found to offer outstanding value. Visit canstar.com.au for details of Credit Union SA’s awards.