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Bank & Save

BU Savings Account.

3.15 % p.a. Interest rate

The perfect account to stash your cash. If you're under 18 years old, our BU Savings Account is a transaction account designed to build your stash of cash quicker than ever!
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Features and benefits you'll love.

$0 fees
No fees for account keeping, card purchases in Australia or dishonours.
Spend or save
This transaction account comes with a savings rate to encourage good saving habits.
Unlimited transfers
Manage and access your funds via ATMs, EFTPOS, Visa Debit card, Internet, Mobile or Telephone Banking or at Beyond Bank branches.¹
Convenient banking
Deposit earnings directly into a transaction account and manage it with our Award-winning Mobile App.*

Designed for kids and youth.

The BU Savings Account is available to individuals under 18 years old for non-business purposes.² The added savings rate is a bonus, teaching good savings habits and guiding towards financial success.

Individuals aged 13-17 can open an account online by selecting “Open an account” below. Accounts for children under 13, or those opened by a parent, must be opened in branch.

When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.

Open an account        Find a branch

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Keep your money safe with our Mobile app.

Keep your money safe with our Mobile App.

Biometrics authentication uses the security strength of facial recognition and fingerprint scanning biometrics to ensure that only you can access your account.

Our real-time monitoring works 24/7 looking for suspicious activity, providing immediate alerts and interventions to safeguard your account.

24/7 access gives you full visibility and confidence over your accounts and savings progress.

Interest rates.

BU Savings Account

Account balance ($) Interest rate (% p.a.)
All balances 3.15% p.a.

Interest is calculated daily on the whole balance and paid quarterly on 31 March, 30 June, 30 September, 31 December. Interest rates are subject to change without notice.

Fees and charges.

Fees and Charges that apply Amount
Visa debit card overseas ATM withdrawals $4.50
International Transaction Fee³ 3% of the value of the transaction
Bank@Post deposits $2.00
Bank@Post withdrawals $4.50

View our Fees and Charges Booklet for the full details of other transaction and service fees that may apply.

Pay with your Visa Debit card.

Your Visa Debit card is connected to your transaction account, which means you’re always in control of your money. Make fee-free purchases when you select the ‘credit’ option on your Visa Debit card.

Learn more

Open an account in minutes.

Sign up today - it's easy

The quickest way to set up an account is with your photo ID, your mobile phone and email address. Once you’re set up you’ll have instant access to Internet Banking and Mobile Banking. Estimated time: <10 minutes.
Open an account

Already a member?

If you have a car loan, home loan or a salary packaging account, good news - you’re already a member! New accounts are easy to open through our Mobile App or through Internet Banking, without the need to call or visit a branch. Estimated time: two minutes.
Explore the App

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Purple Transactor Account

Convenient and secure banking. No fees for account keeping, card purchases in Australia or dishonours!

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Still have questions?

Chat to us
Our live chat is available Monday to Friday 8am - 8pm, Saturday 9am - 3pm (Adelaide time). Excluding national public holidays.
Let's chat
Call us
Speak with our friendly Member Service Centre staff Monday to Friday 8am - 8pm, Saturday 9am - 3pm (Adelaide time). Excluding national public holidays.
Call 13 25 85
Calculators
Check out our handy tools and calculators.
Tools and calculators
Activate your card
We can help you get your new card activated.
Learn more

   
 

Interest rates are current as at 4 September 2026 and are subject to change.
   
*

Awarded Canstar Customer-Owned Bank of the Year for Digital Banking from 2015-2026. More information can be found at Canstar's 2026 Digital Banking Awards webpage.
   
1

Card Access restrictions apply for children under 13 years of age. Internet, Mobile & Digital Banking will be restricted to view only for children.
   
2

Children under the age of 13 may be required to have the account opened and held in trust by a parent or guardian.
   
3

This fee is payable when you use your Visa Credit Card, Visa Debit Card or Visa Prepaid Card to make a transaction:
- In a foreign currency when using your card either online or at a merchant point of sale (irrespective of where the transaction occurs); and/or
- In Australian dollars, when either the merchant or its financial institution/payment processor is located or registered overseas, including transactions that involve dynamic currency conversion where a transaction denominated in a foreign currency is converted to local currency.
(This fee will be collected by Cuscal, with 1.0% payable to us, 1.0% is retained by Cuscal and 1.0% is paid to Visa International). Some overseas Merchants may allow you to pay in Australian dollars, for example, when you make a purchase online or over the phone. This is still considered an international transaction as the transaction is processed overseas and will attract any International Transaction Fee.
   
 

Terms, conditions, lending criteria, fees and charges apply. For full details please review our Financial Services Guide, Product Guide, Fees and Charges Guide and Target Market Determinations. These are available on our website at beyondbank.com.au/about-us/corporate-governance/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch. They will also be provided at the time of acquiring any product.
   
 

This information is of a general nature only and does not take into consideration your objectives, financial situation or needs. The information must not be relied upon as financial product advice. Before acquiring any product you should read the relevant guides, Product Disclosure Document, and consider whether a product is suitable for your circumstances to decide if a product is right for you.
   
 

All products and services are provided by Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2026.