Terabytes: A Junior Account for 12-17 Year Olds
Terabytes: A Junior Account for 12-17 Year Olds - Telstra 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 - | ||||||
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| 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 your child a Terabytes Bonus Saver today. | ||||||
| Maximum account balance is $25,000. This rate is current as at 10 May 2012 and is subject to change. The Terabytes Bonus Saver rate of 5.15% pa 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 of 2.25%pa 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. |
