BU Savings Account.

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!

1.00 percent per annum
On all balances.

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.

Easy access.

Manage and access your funds via ATMs, EFTPOS, Visa Debit card, Internet, Mobile or Telephone Banking or at Beyond Bank branches#.



Have your salary deposited into your account.

Interest rates, fees and charges.

All balances 1.00% p.a.
Fees that don't apply
Direct Credits Free
Over the counter cash or cheque deposits Free
Over the counter cash withdrawals Free
Staff assisted transfers Free
Visa Purchases Free
EFTPOS purchase Free
ATM withdrawals^ Free
Osko/PAY ID Fee Free
BPAY Payments Free
Transfers and BPAY payments performed using Internet, Mobile or Telephone Banking# Free
Fees that apply
Transaction Fee each
Declined ATM, eftpos or Visa debit transactions` – one free per relationship per month then: $0.40
Visa debit card or rediCARD overseas ATM withdrawals $4.50
Foreign Currency Conversion Fee 3.0% of the value of the transaction
Bank@Post deposits $1.00
Bank@Post withdrawals $3.50

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

How to apply.

Opening your account online is quick and easy.
Open Now
Get instant access to our award-winning internet and mobile banking.*
Learn More
Receive your Visa Debit card and link it to Apple Pay2, Google Pay3 or Samsung Pay4.
Learn More
Switch your regular payments to your new account.
Learn How

Who can apply?

BU Savings Account is available to individuals under 18 years old for non-business purposes.5  When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.

Instant access with award winning banking.*

Download on the App Store Get it on Google Play

Other great accounts you may like.

Savings Accounts.

Competitive rates and flexible access to help you save for something great.
Find Out More

Community Reward Account.

You save, we give, and your favourite not-for-profit benefits.
Find Out More

Still have questions?

Got some feedback or need help with a query?
Contact Us
Use our tools and calculators for everything.
New card? Activate it here.
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Our live chat is available weekdays 9am - 5pm.
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^Withdrawals and enquiries at Australian and overseas ATMs may incur an ATM operator fee charged by the ATM operator.

Interest rates are current as at 24/11/2020.

Interest is calculated daily on the whole balance and paid quarterly on 31 March, 30 June, 30 September and 31 December. 

Excluding overseas ATM, cash advance and declined withdrawals. Excludes Bank@Post withdrawals. Withdrawals and enquiries at Australian ATMs may incur an ATM operator fee charged by the ATM operator.

Apple and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay works with iPhone 6 and later in stores, apps and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2 and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see here.

Google Pay is available on all non-rooted Android devices (Lollipop 5.0+). For full Terms and Conditions, view here.

For a full list of compatible Samsung Pay devices and Terms and Conditions, visit here.

5Children under the age of 13 may be required to have the account opened and held in trust by a parent or guardian.

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

~A declined transaction occurs in the following circumstances:

  1. Insufficient funds in the account
  2. Incorrect Personal Identification Number (PIN) entered; or
  3. Number of PIN tries exceeded.

*Awarded Canstar Customer-Owned Bank of the Year for Mobile Banking and Internet Banking 2016, 2017, 2018, 2019, 2020 and Mozo Expert Choice 2019 for Excellent Banking App.

Terms, conditions, fees and charges apply. For full details please review our Financial Services Guide, Product Guide and Fees and Charges Guide available on our website at www.beyondbank.com.au/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch. 

This information has been provided without taking into account any of your objectives, financial situation or needs. Before acquiring any product you should read the relevant guides to decide if a product is right for you. 

All products and services are provided by Beyond Bank Australia Ltd, 100 Waymouth Street, Adelaide, SA 5000, ABN 15 087 651 143 AFSL/ Australian Credit Licence 237 856. © 2020

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