Features & benefits
Account details
Looking after your money shouldn’t be expensive. That’s why we won’t charge you monthly account fees or for electronic transactions using your Everyday Youth account.
For a full list of fees and charges, refer to our Schedule of Fees, Accounts and Access Facilities.
Fees
A youth aged 10 to 17 years can apply independently as the main account holder.
Or,
A youth can apply together with their parent or guardian who can be a signatory of the account.
When you’re ready to apply, simply fill out the online form and hit submit when done. It should take about five minutes and you will need proof of ID.
Frequently asked questions
Great Southern Bank is the trading name of Credit Union Australia Limited. You may have previously known us as CUA.
For over 75 years we’ve helped our customers manage their money. We do this by providing clever products and smart tools that help you reach your financial goals sooner. Plus, being customer-owned means that our profits go back into our products and services, not shareholders.
We love helping people reach their financial goals and we can’t wait to help you reach yours, whatever they may be. Contact us to get started, we’re here to help!
Switching to Great Southern Bank is easier than you think and takes less than five minutes! All you need to do is open an account. It’s that simple.
Plus, we can help you switch your salary, direct debits, and regular payments to your brand-new Everyday Edge Account.
Everyone is different, so it makes sense that we have more than one type of bank account.
Follow the links below to view our other bank accounts and find the one that suits you best.
Yes. Money placed in a transaction account with a bank, building society or credit union is protected by the Australian Government’s Financial Claims Scheme (FCS).
The scheme protects deposits up to $250,000 per person, per financial institution. In the unlikely event that a financial institution closes you’ll have the peace-of-mind that your money is safe.
Yes. You’ll get a Visa Debit Card with your Everyday Transaction account that can also be used with Google PayTM, Apple Pay and Samsung Pay.
You’ll never feel weighed down by your wallet when you can use your phone to tap and pay securely at the checkout.
Absolutely. Simply download our mobile banking app to do your banking anywhere from the convenience of your phone.
Yes. Great Southern Bank Online Banking is easy to use, convenient and secure. As a new customer you'll be set up with online banking as soon as you apply.
If you are already a customer, you can register for online banking in less than a minute and get started straight away.
We take security very seriously and have several features to keep your online and mobile banking safe and secure.
For starters, you’ll always need your customer number and password to log in to digital banking. You can also take advantage of our special features for extra security and peace of mind.
Our key security features include:
- Fingerprint login
- Facial login
- Transaction notifications
- Security questions
- Change your password anytime
While we take proactive steps to fight fraud, it’s important that our customers also take an active role in keeping their accounts secure.
Our online security checklist contains more tips and tricks to keep your account secure. And as always, never share your password with anyone.
Yes. The Everyday Youth account Visa debit card has restrictions to block the purchase of certain items such as alcohol, adult entertainment, tobacco and gambling. These category restrictions may be varied and are subject to change without notice.
Please note that restrictions are applied based on the merchant category selected by the merchant. These restrictions apply to any Everyday Youth account Visa debit card issued on or after 26 February 2023, until the cardholder turns 18.
A savings account for any age up to 17 years
Rate current as at 05 November 2024 and is subject to change.
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
Great Southern Bank Everyday Youth Account does not earn interest and converts to a Great Southern Bank Everyday Edge Account once you turn 18 years old.
^^ Visa Debit cards available only to Australian residents. To view the Target Market Determination for Debit Cards, please click here.
^ Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Mobile network provider charges may apply. Access is subject to availability and maintenance, refer to our website for more information.
* Mobile network provider charges may apply. Access is subject to availability and maintenance, refer to our website for more information.
Refer to New Payments Platform and Osko NPP Terms.
To view the Target Market Determination for this product, please click here.
The Everyday Youth Account has been designed for younger customers who want the freedom to access their own money, make regular purchases and receive regular deposits.
This product may not be right for you, if you:
- Are not aged 10-17.
- Are a parent of minors (<10 years old) who want to enable their financial independence with a low-cost way to regularly access available money. - Our Everyday, Everyday Edge or Everyday 50+ account may be more suitable to you.