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ANZ Youth Account - Accounts

ANZ Youth Account

The ANZ Youth Account gives young people, aged less than 19 years, everything they need to get their finances started.

Product information

Fees and charges
ANZ Youth Account holders are exempt from all normal account and transaction fees.*
Interest rates

Interest is earned from the first dollar deposited. It is calculated on the daily balance and paid monthly on the account's key date.**

Eligibility
The ANZ Youth Account is available to New Zealand residents under 19 years old.
Access

Round the clock access via various channels:

Account access age restrictions

The following indicates the levels of access ANZ Youth Account holders will have, relative to their age.

Under seven years
  • You cannot withdraw money from your account or appoint an agent to withdraw money on your behalf.
  • If a parent or guardian wishes to make withdrawals from an account belonging to a child under seven years old, the account must be opened "in trust" and operated in the best interests of the child.
Between seven and 14 years
  • You can have signing authority on your Youth Account as long as you have the written consent of a parent or guardian.
  • You can apply for an ANZ EFTPOS card and Phone and Internet Banking, as long as a parent or guardian signs the indemnity form.
  • Parents and guardians of children over the age of seven may not make withdrawals from their children's accounts, except in exceptional circumstances and at ANZ's discretion.
15 years or older
You can operate your account independently.

How to apply

For more information or to apply for an ANZ Youth Account:

Apply online icon
Apply online
Telephone icon
Call 0800 ANZ 2 YOU (0800 269 296) 24 hours a day, seven days a week
Enquire online icon
Enquire online
Visit branch icon
Visit your nearest ANZ branch

* Note: non-ANZ ATM fees may apply.

** The day you open your account is the start of each monthly key-date cycle. So if you open your account on the 11th of the month, your account's key date cycle will run from the 11th of that month to the 10th of the following month.

^ Registration required.

For more information about our fees please refer to the Service Charges brochure (PDF 116kB) for a full list of charges that apply, for example honour fees/Automatic Payment establishment and amendment fees.

A copy of the Bank's General Disclosure Statement and the Bank's Disclosure Statement prepared under the Securities Markets Act 1988, is available on request from any ANZ branch, free of charge.

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