Come see us at a branch and bring with you accepted ID for yourself and your child.
Earns interest on every dollar in the account and has no transaction or monthly account fees
Helps teach kids about money with interactive tools like our latest innovation, Clever Kash
You can choose to have control over your kids account
Works with FastNet Classic, online banking and the ASB Mobile app
If you’d like to set your kids up for the future with good money habits, an ASB Headstart account could be a great option.
Headstart is both a savings and transaction account designed specifically for kids. It earns interest, calculated daily, and has no monthly or transaction fees, allowing your child’s money to grow.
You choose how much control your child has over their account:
Once your child turns 18, we’ll need to move them to a more suitable account. For instance if they’re starting an apprenticeship or studying at an NZQA tertiary institution, our tertiary students package may suit them – or if they’re starting their first job, they may like to move to our job starter’s package.
With a Visa Debit card, your child can use their own money to buy things online or over the phone, anywhere Visa is accepted. It’s a great alternative to a credit card. They simply need to be 13 years old to apply, and if they are under 16, they’ll need your approval.
When your child starts managing their own account, they can set up alerts. So when their account goes below or above a certain limit, they'll get notifications on the ASB Mobile Banking app, and/or email. It's a great way to ensure they're never caught short.