Starter Saver - Give your savings a great start
~SSA_PU_50000~
Portion of account balance up to and including $50,0001
Under 30 or at uni? Get a head start.
Made for Under 30s and Uni Students
Available to members under 30, or university students of any age.
Earn more
Earn a great variable interest rate now and always, with no short-term intro offers that disappear.
Save on fees
$0 monthly fees, so more of your money stays in your savings4.
Full flexibility
No minimum deposit. No balance growth conditions. No penalties for making withdrawals.
The perfect account to kick-start your young one’s financial future
Help your child or grandchild start saving on the right foot. Whether it’s pocket money or gifts over time, you’ll help them learn how saving works and build healthy money habits that will last a lifetime.
Who can apply?
Eligibility criteria
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Be an Australian citizen or permanent resident.
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Be either:
- Employed in, or retired from an Australian university
- Studying or have graduated from an Australian university
- Immediate family to a UniBank member.
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Available to members aged under 30, or university students of any age studying full time or part time at an Australian university
What you need to apply
- An Australian residential address
- Identification documents with your full name, date of birth and address, such as a birth certificate or driver’s licence or passport, and Medicare card
- Tax File Number
If you’re setting up an account for a child, here’s what you need to know:
Quick tip: To open a membership or account for a child, parents or guardians must already be members of the Bank.
For children under 13
- As the child’s parent or legal guardian, you’ll need to open the account for them.
- You’ll need to provide the child’s birth certificate or passport.
- The child can’t be an account signatory yet — but once they turn 13, they can.
- When they turn 18, they will become responsible for managing their own account.
For children aged 13–17
- The account can be opened by a parent or guardian or by the child themselves.
- If the child is opening the account, they’ll need to show either a birth certificate or a passport.
- Children 13 and older can be added as a signatory, as well as parents and guardians.
- When they turn 18, they will become responsible for managing their own account.
New Members
When you open a Starter Saver account as a new Member of the bank, you’ll automatically get an Everyday Direct transaction account too.
Existing Members
Login to Internet Banking. Navigate to Self Service and select Open New Account. Select Apply under the Savings Account section and choose Starter Saver.
Or visit us in person or contact us and we’ll send you an application form.
If you’re opening an account for a child under 13, you’ll need to take this approach.