Premier Children's Savings Account

HSBC AU
Bank Accounts
Premier Children's Savings Account

Give your children the benefit of Premier status

Features of the Premier Children's Savings Account:

$0 Monthly account fee¹
$0 ATM fees²
International recognition as an HSBC Premier customer
A Premier Visa Debit Card for all your everyday spending in-store, online and overseas
Valid for children of HSBC Premier customers aged 30 and younger

Available exclusively to children of HSBC Premier customers.

Enquire now for Premier Children's Saving Account

Account structure

We allow the following structures for the HSBC Premier Children Saving's Account:

An account where you are the trustee
A joint account in the name of your child and yourself (available for children aged 12 to 30)
A personal account for your child in their name alone (available for children aged 16 to 30)

Please note:

A Premier Visa Debit card is not available for children younger than 12.

Interest rates

Interest rates for Premier Children's Savings Account
Amount range	Interest rates
$0 - $4,999	0.01% p.a.
$5,000 - $9,999	0.10% p.a.
$10,000 +	0.15% p.a.

Interest rates for Premier Children's Savings Account
Amount range	$0 - $4,999
Interest rates	0.01% p.a.

Amount range	$5,000 - $9,999
Interest rates	0.10% p.a.

Amount range	$10,000 +
Interest rates	0.15% p.a.

Variable rates current as at 30 November 2020.

Fees and charges

Domestic transaction fees
Transaction fees	local - per transaction
Online Banking¹	$0
Deposits	$0
ATM Withdrawals²	$0
EFTPOS	$0
Automated Phone Banking	$0
BPAY®	$0

Domestic transaction fees
Transaction fees	Online Banking¹
local - per transaction	$0

Transaction fees	Deposits
local - per transaction	$0

Transaction fees	ATM Withdrawals²
local - per transaction	$0

Transaction fees	EFTPOS
local - per transaction	$0

Transaction fees	Automated Phone Banking
local - per transaction	$0

Transaction fees	BPAY®
local - per transaction	$0

International transaction fees
International transaction fees	per transaction
Overseas ATM Withdrawal Fee	$0
Overseas Transaction Fee – Payable when you make a transaction on your account in a currency other than Australian dollars, or you make a transaction on your account in any currency (including AUD) that is processed/billed by either the merchant or its financial institution/payment processor outside of Australia. Note: Sometimes it may not be clear that the merchant or its financial institution / payment processor is located outside of Australia. HSBC has no influence over whether the merchant or ATM operator chooses to convert a transaction into local currency. You should check this with the merchant or ATM operator	2% of the total value amount of such transaction

International transaction fees
International transaction fees	Overseas ATM Withdrawal Fee
per transaction	$0

International transaction fees	Overseas Transaction Fee – Payable when you make a transaction on your account in a currency other than Australian dollars, or you make a transaction on your account in any currency (including AUD) that is processed/billed by either the merchant or its financial institution/payment processor outside of Australia. Note: Sometimes it may not be clear that the merchant or its financial institution / payment processor is located outside of Australia. HSBC has no influence over whether the merchant or ATM operator chooses to convert a transaction into local currency. You should check this with the merchant or ATM operator
per transaction	2% of the total value amount of such transaction

Fees may apply for other account services. Refer to Transaction and Savings Terms and Personal Banking Booklet for full details

Apply for a Premier Children's Savings Account

New and existing to HSBC customers

Enquire online today

Get started for Australia Premier Children's Saving Account This link will open in a new window

Contact us

1300 131 605
or +612 9005 8114 (overseas)

Find your nearest branch view branch finder

Important information

Personal Banking Booklet (PDF) Download

Transaction and Savings Accounts Terms (PDF) Download

Financial Services Guide (PDF) Download

Premier Service Guide (PDF) Download

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HSBC Premier eligibility criteria applies, and is set out in the HSBC Premier Service Guide. Eligibility criteria remains at HSBC's absolute discretion. Terms, conditions and other restrictions apply. The HSBC Premier privileges set out above are current and are subject to change. Other fees and charges, terms and conditions apply. See Target Market Determinations for our products.

Other banking services fees and charges may apply. See our Personal Banking Booklet (PDF).
Non HSBC branded ATMs and some HSBC Group ATMs may charge an ATM operator fee for withdrawals or balance enquiries at their ATMs.

This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Transaction and Savings Accounts Terms (PDF) and Financial Services Guide (PDF) before acquiring this product, available by calling 1300 308 008, at your local branch or www.hsbc.com.au. Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.