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Father measuring height of his little son near wall; image used for Australia Premier Children's Saving Account .

Premier Children's Savings Account

Give your children the benefit of Premier status

Features of the Premier Children's Savings Account:

  • $0 Monthly account fee1

  • $0 ATM fees2

  • International recognition as an HSBC Premier customer

  • A Premier Visa Debit Card for all your everyday spending in-store, online and overseas

  • Valid for children aged 30 and younger

Available exclusively to children of HSBC Premier customers.

Account structure

We allow the following structures for the HSBC Premier Children Saving's Account:

  • An account where you are the trustee
  • A joint account in the name of your child and yourself (available for children 15 and younger)
  • A personal account for your child in their name alone (available for children aged 16 to 30)

Please note:

A Premier Visa Debit card is not available for children younger than 12.

There is a $1,000 maximum withdrawal per day (including ATM operator fees) for children aged 12 and up.

Interest rates

Interest rates for Premier Children's Savings Account

Amount range
Interest rates
$0 - $4,999 0.01% p.a.
$5,000 - $9,999
0.10% p.a.
$10,000 + 0.15% p.a.

Interest rates for Premier Children's Savings Account

Amount range
$0 - $4,999
Interest rates
0.01% p.a.
Amount range
$5,000 - $9,999
Interest rates
0.10% p.a.
Amount range
$10,000 +
Interest rates
0.15% p.a.

Variable rates current as at 30 November 2020.

Fees and charges

Apply for a Premier Children's Savings Account

Important information

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