
Bank accounts for kids and teens
You care about your child's money habits. Give them the sweet taste of freedom with their own transaction and savings account.
Why choose Westpac for Youth banking?
- No transaction or monthly service fees¹
- Kid-friendly features to help keep their money safe
- Everyday and savings accounts with the flexibility to grow with them
- Go-anywhere account management via the Westpac App
- Kids 8 or over can access money anytime, anywhere with a Debit Card on their Westpac Choice Youth account
Your child could get $50 on us
All they need to do is open both a Choice Youth everyday account and a Bump savings account. Then, deposit at least $100 into their Bump account within 30 days, and we’ll give them $50. Ends 30/09/2025. New customers and under 18s only and T&Cs apply.
This promotion runs from 01/07/2025 to 30/09/2025.
To be eligible you must:
- Be under 18 years of age.
- Not have held a Choice account and Bump account with Westpac in the last 3 years (applies to both account holders for joint accounts).
- Open a new Choice account and Bump account, and deposit at least $100 into the new Bump account within 30 days of opening the accounts. Accounts must be active and ready to use.
- Deposit must be customer-initiated and does not include interest payments into the account.
If you meet the above:
- You’re entitled to one $50 payment, regardless of the number of accounts you hold.
- The $50 payment will be made to your Choice account within 50 days of you meeting these Terms and Conditions in full. If you open more than one Choice account, the $50 will go to the account you opened first.
This promotion is not available in conjunction with any other offer. We reserve the right to change or withdraw it at any time.
Transaction, Savings and Investment Accounts Terms and Conditions apply to Westpac Choice and Bump accounts. Please read these Transaction, Savings and Investment Accounts Terms and Conditions (PDF 701KB) carefully to determine whether these products are right for your needs and requirements.
Youth bank accounts for kids and teens
Features that make banking fun, safe and simple for kids

Pocket money and chores
Grow their independence by setting up regular pocket money payments paid directly into their account.

Set and share savings goals
Set savings goals5 with your kids that they can share with you to help boost their balance and build smart money skills.

Safe and secure
Kids can bank confidently, knowing we've got their backs with features and guarantees to keep their money safe.

Good money habits
Help your child learn how to manage their money with simple lessons, tips and tricks to get ahead and stay ahead.
Manage your money with an award-winning youth account
Children 8 years and over can link a Debit Mastercard® to their Westpac Choice Youth account4, giving a kick-start to their money skills with kid-friendly features that will keep their money safe and secure.
The debit card is automatically linked when the account is opened, except for children under 14. For children 8-13, a parent or guardian must order their card separately.

Voted Canstar's Outstanding Value Junior & Youth Banking 2024
Learn more about banking
Things you should know
1. Account fees: other fees may be charged for banking services.
2. Bonus interest: payable each month that you: make a deposit to the account (any interest paid to your account does not qualify as a deposit), ensure the account balance is higher at the end than the beginning of the month, and keep the account balance above $0. For bonus interest qualification, a month means from 11.59pm on the last business day of the previous month to 11.59pm on the last business day of the current month. A business day means any weekday from Monday to Friday, excluding weekends and national public holidays.
5. Savings Goals: Both an account holder and an authorised user can use the Savings Goals feature, including to view, add, edit and delete the savings goals on a Westpac Life or Bump account.
Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.