Benefits for those aged 12 and under
Bonus Interest
Deposit just $5* a week to receive a bonus rate of interest to accelerate savings.
No monthly account keeping fees
Quick and easy deposits
Automatic payments can be set up as a savings plan.
Easy deposits through Bank@POST™ and Police Bank branches.
Available up to 12 years of age
When you turn 13, the account automatically switches to the Flex Account.
Ready to apply for a Dynamo Kids Savings account?
Apply NowImportant Information
Interest payable is capped to a maximum deposit of $49,999.99.
*Bonus rate of interest applies if no withdrawals and a minimum deposit of $20 are made within a month.
^ A child 12 years of age and under may be issued with a Visa Debit Card to their account in their name, provided they have been given permission to be an Authority to Operate on the account by the adult concerned. A Visa Debit Card can be issued in the name of the parent or guardian acting as Authority to Operate at any time;
# Parental consent is required for Members aged twelve (12) years and under.
† The Account will automatically transfer to a Flex Account (S24) when the Member turns 13 years of age.