Beware of remote access scams! Hang up on anyone requesting you download software or an app over the phone. Never provide banking information, passwords, or two-factor identification codes over the phone.
Beware of remote access scams! Hang up on anyone requesting you download software or an app over the phone. Never provide banking information, passwords, or two-factor identification codes over the phone.
Give your kids a head start with our range of savings and term deposit products
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There's no better time than now to start your kids on their savings journey. Whether it's for a new bike or a first car, helping them establish a consistent savings habit now will reap rewards for them in the future.
At MOVE Bank, we have a range of accounts that will give your kids the savings boost they need to reach their future goals.
Tiered Savings Accounts |
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Online banking : | Yes |
Phone banking : | No |
BPAY : | No |
ATM access : | No |
Maximum rate : | 5.50% pa |
Base rate : | 0.10% pa |
Minimum balance : | $1 |
Maximum balance : | $25,000 |
Monthly fee : | $0 |
Interest calculated : | Calculated on daily balance and paid monthly |
Bonus rate conditions : | Bonus interest rate applied on balances up to $25,000 when the account holder makes a minimum deposit of $200 and no withdrawals within a calendar month (prior to 5pm on the last day of the calendar month). Otherwise base interest rate will apply |
Statement options : | Online statements only |
Account eligibility : | Available for personal accounts only |
Tiered Savings Accounts |
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---|---|
Online banking : | Yes |
Phone banking : | No |
BPAY : | Yes |
ATM access : | No |
Maximum rate : | 5.00% pa |
Base rate : | 0.10% pa |
Minimum balance : | $1 |
Maximum balance : | $250,000 |
Monthly fee : | $0 |
Interest calculated : | Calculated on daily balance and paid monthly |
Bonus rate conditions : | Bonus interest rate applied on balances up to $250,000 when the account holder makes a minimum deposit of $200 and no withdrawals within a calendar month (prior to 5pm on the last day of the calendar month). Otherwise base interest rate will apply |
Statement options : | Online statements only |
Account eligibility : | Available for personal accounts only |
Savings Accounts |
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Monthly Fee : | $0 |
Minimum Amount : | $1 |
Maximum Amount : | $5,000,000 |
Debit Card : | No |
ATM Access : | No |
BPAY : | Yes |
Interest Income : | Calculated on daily balance and paid monthly |
Find out more about banking with us
For more information about our accounts, view our Summary of Accounts and Facilities
Information about the Financial Claims Scheme (also known as the Australian Government Deposit Guarantee) is available here
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Know that you can always speak to someone who will provide you with honest and genuine support.
Value for money
Our products are designed to be simple, flexible and offer exceptional value.
Member-focused
We are driven by our members and 100% of our profits are used to benefit you, not shareholders.
Members aged 12 years and above are eligible to join MOVE Bank as members or customers depending on their eligibility. They can open savings accounts and transaction accounts, and have the option to have a Visa Debit card attached to their transaction account. This account is opened in the child’s name and operated by them.
Children will need to verify their identity using either their passport or a Medicare Card
Visa transactions with retailers who do not do business with under 18’s will be blocked.
Your child should sign the back of their card when they receive it.
They should report their card as lost as soon as possible by calling MOVE Bank on 1300 362 216. To report a lost or stolen card outside business hours please call the Visa Lost / Stolen Card on 1800 621 199.
They can also lock their card using the MOVE Bank mobile app. This will prevent anyone else from using their card while it is lost.
It’s that time of the year when those of us with school-aged kids need to start getting organised for the start of the new school year. Read on to learn how to keep these costs down...
CAR & PERSONAL LOANS
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Railways Credit Union Limited trading as MOVE Bank | ABN 91 087 651 090 | AFSL/Australian credit licence 234 536 | BSB 724 100 | Swift code WPACAU2S