Thank you for choosing a Young Saver Account
(Child 12 to under 18 yrs)

​You need to be between 12 to under 18yrs to open a Young Saver Account. All we need to open the account are some of your details plus some identification. Once received we will open an Australian Mutual Bank Membership and the Young Saver account for you.

As a young saver, you can designate an authority to operate (ATO) on the account (e.g. mum or dad). More information is available within this application.

Some great features of the Young Saver Account include:

  • A high rate of interest to help boost savings
  • No Account keeping fees
  • No Minimum monthly deposits
  • Free cash deposits and transactions in branch
  • Access to learning topics and fun sheets to help promote financial literacy at a young age

Important information - Please read this before submitting the application

Before proceeding with this application, you should read Australian Mutual Bank’s Privacy Statement here. The policy sets out key information about why we're collecting your personal information, and how we use, disclose and secure it.

The account will be opened in your name as the Young Saver and you will own the account. If you allow an authority to operate on this account, it means that the authority to operate will be able to access this account until removed by you. As the account owner, you can remove the authority to operate at any time.

You agree to become a member of Australian Mutual Bank. We will enter your name in our register of members. Please review our list of Disclosure documents for more information.

You consent to receiving notices and information electronically which requires you to check your emails regularly. Paper statements will be sent in the mail unless your personal email address is supplied.

​This account is not available to members that already have an existing Young Saver or Kick Start Saver Account.

​To view detailed terms and conditions of the account, visit the Young Saver Account Information page.