An ANZ Bank Youth Account is a bank account designed specifically for young people aged 12 to 25 years old. It offers a range of features and benefits to help young people manage their money and learn about financial responsibility.
Benefits of an ANZ Bank Youth Account
Some of the benefits of an ANZ Bank Youth Account include:
- No monthly account service fee: Under 25s and full-time students are exempt from the monthly account service fee.
- Visa Debit card: You can apply for an ANZ Access Visa Debit card when you open your account. This gives you access to your money anywhere Visa is accepted.
- Bonus interest: You can earn bonus interest on your savings account if you make a single deposit of $10 or more per month and no withdrawals.
- Kids’ Corner: The ANZ Kids’ Corner is a fun and interactive website that can help young children learn about money and saving.
- Teen finance hub: The ANZ Teen finance hub provides articles and resources to help teenagers learn about money management, saving, and investing.
How do I open an ANZ Bank Youth Account?
To open an ANZ Bank Youth Account, you can visit an ANZ branch or apply online. You will need to provide some personal information, such as your name, address, and date of birth. You may also need to provide proof of identity and/or income.
Eligibility criteria for an ANZ Bank Youth Account
To be eligible for an ANZ Bank Youth Account, you must be aged 12 to 25 years old and reside in Australia. You must also be able to provide proof of identity and/or income.
You can use your ANZ Bank Youth Account to do all of the things you would normally do with a bank account, such as:
- Deposit and withdraw money
- Pay bills
- Transfer money to other people
- Set up direct debits
- Shop online and in-store