Youth accounts

If you’re under 18, we’ve got some great accounts to help you manage and save your money, so you'll be able to get more of the things you want in the future.

Our First Saver account will give you a head start on savings, and the Now account is perfect for your everyday banking needs.

First Saver:

  • Kiwibank has a guarantee under the New Zealand deposit guarantee scheme. Further information about the deposit guarantee scheme is available from the Treasury website
  • Earn interest on every dollar deposited, no minimum balance required
  • You can personalise your account name, like 'Stacey's Bike Account'
  • No transaction fees or monthly account fees
  • Available for anyone up to 18 years old.

Now account:

  • No account or transaction fees for anyone up to 18 years old
  • Full access to internet, phone and mobile banking for anyone 13 years or over
  • Information-only access to internet banking for children aged under 13 (you can't transact online)
  • EFTPOS/ATM card for anyone 13 years or over. If you're aged between 10 and 13 you can get a card with parental consent.
  • Join on the phone
  • Join at a local Kiwibank

Eligibility

The older you get, the more services you can enjoy. Anyone 13 years or over can have full access to internet, phone and mobile banking, and with a Now account, anyone aged 10 or over can apply for an EFTPOS/ATM card.

Parents and guardians please note - accounts are opened in the child's name but with different account set up options available, based on the age of the child.

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Conditions

Service fees may apply. Download Kiwibank's Disclosure Statement or pick up a copy at your local Kiwibank. Kiwibank's terms and conditions apply.