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A Westpac Junior Account can be set up as a simple first savings account for children—or to save for a child’s future expenses.
Junior Account application form
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Junior Account info
Kids' tips and games
Westpac Starter Pac
Contact us
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| An ATF account is |
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set up by a parent or guardian |
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set up in the child's name |
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managed by a parent or guardian acting as an agent for the child |
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no transaction and account maintenance fees for children under 19 years* |
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no ATM card to encourage saving |
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regular interest based on account type |
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security: an authorising adult acts as a signatory for the child |
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control: withdrawals can only be made in-branch by the authorising adult |
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| A Junior Account for Kids is a simple first savings account designed for children |
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beginning to receive small amounts of money such as pocket money or gifts |
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who might only make occasional small deposits |
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learning how to save even more through interest earned each month |
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| When you open a Junior Account for Kids you’ll receive a fun pack with |
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a Westpac Rescue Helicopter money box |
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a fantastic activity book with money magic tricks, pop-ups and more |
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| Designed for parents, guardians or family members who have young children in their lives. A Junior Account for Families can make it easier for adults to save regularly for expenses such as: |
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school fees |
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school uniform costs |
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university costs |
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a new computer |
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Simple Saver |
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Bonus Saver |
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Online Saver* |
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Online Bonus Saver* |
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| To operate the Online Saver or Online Bonus Saver accounts, you must hold a Westpac Transactions Account. Any transfers from your Online Saver or Online Bonus Saver can only be made directly to your transaction account. |
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| Please download and complete the Westpac Junior Account application form. Bring this to your nearest Westpac branch along with suitable ID and we’ll open your account. |
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| So we don't have to use the higher tax rate for the Government's Resident Withholding Tax (RWT), please make sure you include the child's IRD number. To apply for a child's IRD number, download the IR 595 form and follow the instructions. |
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> Westpac Junior Account application form (73kb)
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> IRD number application form IR 595 |
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File won't open? You'll need Adobe Acrobat Reader.
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| * Service fees may still apply eg. cheque clearance fees. Once the child turns 19, normal Simple Saver, Bonus Saver, Online Saver or Online Bonus Saver transaction fees, account maintenance fees, service fees and other terms and conditions will apply.
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