Teaching kids about money management doesn’t have to be serious or overwhelming. It can be a fun and engaging experience.
Check out our fun, age-based resources and tools, designed to encourage good money habits that set kids up for life.
Benefits at a glance
No fees
Zero monthly account and transaction fees.
Earn interest
Earns interest on every dollar with our competitive interest rate.
Bank on the go
Access to saving and spending tools with our ASB Mobile Banking app.
Get your free limited-edition Kashin money box
With a nod to the past and a wink to the future, Kashin helps us remember that helping kids get one step ahead with money will never get old. And now you can get a special limited-edition Kashin money box when you open a new Headstart account. One per Headstart account holder, while stocks last.
To open an account on a child's behalf, you can make a booking for a time that suits you by calling us on 0800 803 804. You can also make an appointment in the ASB Mobile Banking App or Fastnet Classic.
Got a question about the Kashin money box? Check out the FAQs at the bottom of this page.
Your bank account grows with you
0-12
At this stage, only a parent or guardian can open an account by booking an appointment at an ASB Advice Centre.
Once opened, the child can make deposits, check balances and request statements themselves, but a parent or guardian is required to withdraw or move money. If the child would like take control of the account, consent will need to be provided by the guardian.
13-17
Teens can open and manage a Headstart account by themselves, or take over the one that’s been opened for them. This includes being able to withdraw or move money between accounts.
Once they’re ready (and with their caregivers permission), they can request an ASB Visa Debit card through the ASB Mobile app.
18+
You’ll be switched to our Everyday account, which has no monthly account or transaction fees. From here, you can apply for different products like a savings account, and utilise our money management tools like Save the Change and Goal Planner.
Open a Headstart account in an Advice Centre
Headstart accounts for children 0-12 can only be opened in an Advice Centre.
1. Make an appointment
You can book an appointment with us via the 'Contact us' section in your ASB Fastnet Classic internet banking or ASB Mobile Banking app. If you're new to ASB, you can call us on 0800 803 804.
3. You're good to go
After the account is opened, it's time for your child to save, spend and start good habits to get them one step ahead.
Open a Headstart account online
If you are over 13, you can apply for your own account online.
1. Complete the online form
Give yourself about 10 minutes to do this. You'll need a few important details, including some tax stuff. It's important you answer everything honestly, so if there's something you're not sure about, check with a parent or guardian.
2. Confirm some details
You'll need to provide proof of a few things: your identity and your address. You can do this through our ASB ID app, or by visiting an Advice Centre. We'll tell you what we need once you've completed the first step.
3. You're good to go
It's time to save, spend and get some good habits started to get you one step ahead.
Interest rates
Earn interest on every dollar
Effective 9am 2 December 2025
Monthly account fee
Transaction fees
ASB's Personal Banking Terms and Conditions and ASB Youth Accounts Terms and Conditions apply. Rates may change and service fees may apply.
Resources to help kids get cash clever
Kashin money box FAQs
Who can get a Kashin money box?
ASB customers who open a Headstart account, or have an existing Headstart account, are eligible for a Kashin. One per Headstart account holder, while stocks last.
What age is the Kashin money box suitable for?
Kashin has been checked and has passed the NZ Safety Standards for Toys (AS/NZS ISO 8124.1-3 Safety of toys) and is suitable for children ages 3 and up.
What is Kashin made of?
The money box is made from 100% recycled plastic.
The money box bung is ABS (number 7) recycled plastic.
The rest of the money box is rPVC (number 3) recycled plastic.
The tube is made of cardboard and the booklet is made of paper.
Why is this money box not digital?
This money box is a commemorative 150-year edition of the many Kashin money boxes ASB has had over the last few decades. Tangible money is a great way to start learning and saving. The Kashin money box also comes with Kashin's big little book of money. A fun pocket-sized A-Z of money words to help kids learn about money.
How can Kashin be recycled once no longer needed or at end of life?
The packaging and booklet are made of paper and cardboard and can be placed in kerbside recycling bins (check local guidelines). The Kashin money box can be dropped off at any ASB Advice Centre to be recycled.
Does my child qualify for a Kashin if they have a savings account, not a Headstart account?
Kashin money boxes are available to customers with Headstart accounts only. Find out how to open a Headstart account here.
Can I get a Kashin for a child who does not have a Headstart account but their siblings do?
Kashin money boxes are only available to customers with Headstart accounts for a limited time, while stocks last. Find out how to open a Headstart account here.
I opened a Headstart account before the money box offer started, can I still get a Kashin?
Yes, but only while stocks last.
How / where do I pick up a Kashin?
Bring your ASB card, or a form of ID (like a passport or drivers licence) your nearest ASB Advice Centre.
I don't live close to an ASB Advice Centre, how do I get one?
Kashin is only available at ASB Advice Centres while stocks last.
Can I put a hold on a Kashin?
Unfortunately not as there is limited stock.
Will my existing Clever Kash still work?
Yes, Clever Kash still works with the ASB Mobile Banking app.
ASB Bank Limited's Personal Banking Terms and Conditions and ASB Youth Accounts Terms and Conditions apply. Rates may change and service fees may apply. See all our rates and fees.
Kashin money box is made from 100% recycled plastic. One money box per Headstart account holder, while stocks last.