Terabytes: A Junior Account for 12-17 Year Olds

Terabytes: A Junior Account for 12-17 Year Olds - Intech Credit Union

Teens love to be independent and rightly so – they have started to find and define their own small place in the world.

Our Terabytes Bonus Saver and linked Junior Access account will give them the independence and guidance they need to learn how to grow and manage their money.

Here’s how it works -
  • Make a small minimum monthly deposit of $20 per month and
  • Earn Bonus Interest if only one withdrawal is made in the month
  • Access and manage funds via Internet Banking and Telephone Teller
  • No transaction fees!
  • Transfer spending money to the linked Junior Access account

To view our current interest rates, click here.

Pocket money or pay is deposited into the Junior Access account then a savings component is transferred to the Terabytes Bonus Saver. If just $20 is deposited each month and only one withdrawal made, bonus interest is paid at the end of the month.

Click here to download a Terabytes Bonus Saver Fact Sheet

Click here to open a Terabytes Bonus Saver today

Maximum account balance is $25,000. This rate is current as at 13 May 2013 and is subject to change. The Terabytes Bonus Saver rate applies when at least $20 worth of deposits have been made during the month and no more than one withdrawal has been made during the month. If the account does not meet this criterion, then the standard variable rate applies for that month.

Please read the Account & Access Facility Conditions of Use, The Summary of Accounts & Access Facilities, Interest Rate Brochure & Fees & Charges brochure before deciding if this product is suitable for you. Copies available on request or from www.intechcu.com.au.