For and with you
Bank & Save

BU Savings Account.

3.00 % 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!

Key benefits.

Ditch the fees
No account-keeping fees and fee-free for deposits, withdrawals and transfers.¹
Great rates
Earning interest on your savings means you could save more.
Unlimited Transfers
Manage and access your funds via ATMs, EFTPOS, Visa Debit card, Internet, Mobile or Telephone Banking or at Beyond Bank branches.²
Have your salary deposited into your account.
Teenage girls hanging out together walking along a neighbourhood street. One girl is giving the other a piggyback as they laugh together enjoying summer.

Designed for teens.

BU Savings Account is available to individuals under 18 years old for non-business purposes.³  When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.

How to apply.

  1. Fill out the form.

    All you need is a form of photo ID, a mobile phone and a spare 10 minutes. Ready? Let's open an account. 

  2. Instant online access.

    Once you're set-up, you'll have instant to our award-winning Internet and Mobile Banking.*

  3. Receive your physical card.

    Activate your Visa Debit card and link it to Apple Pay4, Google Pay5 or Samsung Pay6. Learn more about mobile wallets.

  4. Redirect your payments.

    Switch your regular payments to your new account. 

Interest rates.

BU Savings AccountRate p.a.
All balances3.00% 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 that don't apply

Direct Credits


Over the counter cash or cheque deposits


Over the counter cash withdrawals


Staff assisted transfers


Visa purchases


EFTPOS purchases


ATM withdrawals^


Osko/PAY ID Fee


BPAY Payments


Transfers and BPAY payments performed using Internet, Mobile or Telephone Banking²


^Withdrawals and enquiries at Australian and overseas ATMs may incur an ATM operator fee charged by the ATM operator.

Fees that apply


Fee each

Declined ATM, eftpos or Visa debit transactions` – one free per relationship per month then:


Visa debit card overseas ATM withdrawals


International Transaction Fee

3.0% of the value of the transaction

Bank@Post deposits


Bank@Post withdrawals


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

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Instant access with award-winning banking.*

Download the app for Apple or Android devices. 

App Store   Google Play


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Still have questions?

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