One for the little savers
The Clancy Koala account isn’t just a place to store your kid’s money. It’s a tool to help you teach them about the importance of saving.
With no fees and bonus interest to reward good saving habits, our account is designed to give kids the confidence to make smart financial decisions.
Plus, you can easily track their progress online.
Clancy Koala account
5.00% p.a.**
with no withdrawals and monthly deposits of $101
Why pick a Clancy Koala account for your child?
It might not seem like the most exciting gift, but good financial habits are one of the most important things we can give our kids.
As self-confessed money nerds, we love being there at the very start of a child’s financial journey. So we’ve rounded up some of the most valuable features into an account designed to help kids take their first steps towards a brighter financial future.
Made for the littlies
We’ve designed this account to get kids aged 11 and under started on their savings journey.
Rewarding great savers
We’ll boost your child’s savings with bonus interest when they show great savings behaviour.
Save more with no fees
We’ve said goodbye to all fees on this account to help your child boost their savings.
Designed for kids & parents
We’ve designed our Clancy Koala account with kids – and parents! – in mind. It brings together great interest, fee exemptions and online account management together so you and your child can start their journey towards financial independence.
Browse Features
Clancy Koala account
Bonus interest with no withdrawals and monthly deposits of $101
No monthly account keeping or transaction fees
Deposits can be made at branch or online
Option to link account to family online banking
Fully featured iBank and the Hume Bank App
| Account balance | Rate type | Interest rate (p.a.) |
|---|---|---|
| $1+ | Base rate | 0.01% |
| $1+ | Bonus rate | 4.99%** |
| $1+ | Total (Base + Bonus) | 5.00% |
Know the basics
We know that growing smart money habits is about more than products. It’s about having resources that make learning about money fun and easy. Take a look at our tools and guides for ideas about how to connect with your kids about money, savings, budgeting and more.
Get the ball rolling
There are so many ways to start your savings journey with us. Reach out in person or on the phone – our team will be happy to help you make a move on your savings!
iSave account
3.00% p.a.*
interest on balances $1 or more
- No monthly account keeping fees
- No minimum opening balance
- Withdraw your money any time
- No minimum monthly deposit
- Open an account instantly online with iBank
- Fully featured iBank, Hume Bank App, and phone banking
Reward Saver account
5.00% p.a.**
with $10 deposits and no withdrawals in a month
- No monthly account keeping fees
- No minimum opening balance
- Two fee-free branch withdrawals per month
- eStatements available
- Eligible for linked account fee exemptions
- Fully featured iBank, Hume Bank App, and phone banking
Term deposit
4.60% p.a.***
12 months at maturity $1,000 and over
- Competitive interest rate
- Fixed interest payments
- No set up fee
- No monthly fees
- Wide range of terms available
- Government Guaranteed Deposit
Frequently asked questions
Explore our rates, how they change, and what that could mean for you.
Learn how to manage your finances, no matter when or where you are.
Discover all the different ways you can pay online and offline.
See the tools and features we use to keep your money safe.
Take a look at the small print for our products – you won’t be disappointed!
Learn how to spot common scams and what to do if you’ve been targeted.
Different strokes for different folks
It doesn’t matter who you are, what your savings goals are, or what stage of life you’re in. We’ll help you save bigger and earn better so you can reach your dreams – whatever they may be.
