Kids and Youth Accounts
Empowering young savers to set themselves up for a bright financial future!
Cubs Account
Helping young savers grow
Our Cubs Account is all about empowering kids to grow their savings and build good financial habits. It’s easy to use with no account keeping fees and great rewards along the way.
Features
For kids under 12 years of age
Attractive interest rate
Deposit and withdraw money over the counter
24/7 fraud protection
Annual birthday voucher
Up to $10,000
2.80
%p.a. interest rate*
$10,001 to $20,000
0.25
%p.a. interest rate*
$20,001+*
0.10
%p.a. interest rate*
Fees and Requirements
0 to 12 years
No account keeping fees
Important Information
*Interest rates are variable and subject to change without notice.
Before applying for a Cubs account or Cubs Fixed Term Deposit, you should read the Conditions of Use (COU) and Schedule of Fees and Charges and Transaction Limits to consider whether the product is appropriate for you.
Once the account holder turns 12 years of age, the account holder will roll over into a Kickstart account.
*Acceptance of deposits over $250,000 at Coastline Bank’s discretion.
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determinationHelpful Guides
Kickstart Account
Fuel your savings journey!
The Kickstart Account is designed for young savers, students, and teens. You’ll get a Visa Debit Card for easy money management along with a competitive interest rate and no account keeping fees to help you save.
Features
For teens 12 to 17 years of age
Attractive interest rate
Easy access with a Visa Debit Card
Deposit and withdraw money over the counter
24/7 fraud protection
Manage your account using the MyCOAST App
Free internet banking
Attach additional savings accounts
Annual birthday voucher
Up to $10,000
2.80
%p.a. interest rate*
$10,001 to $20,000
0.25
%p.a. interest rate*
$20,001+*
0.10
%p.a. interest rate*
Fees and Requirements
12 to 17 years
No account keeping fees
Important Information
*Interest rate is variable and subject to change without notice.
Before applying for a Kickstart Account or a Kickstart Fixed Term Deposit you should read the Conditions of Use (COU) and Schedule of Fees and Charges and Transaction Limits, to consider whether the product is appropriate for you.
The Kickstart Account and Kickstart Fixed Term Deposit are for customers aged 12-17 only. Once the account holder turns 18 years of age, the account will automatically converted to a Coastline Access account.
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination | Debit card target market determinationVisa Dispute Resolution Information
Disputing a transaction
Do you have a transaction on your Visa debit or credit card that you think is unauthorised or incorrect? Do you have an issue with goods or services you’ve purchased?
Here are some steps to take before contacting us.
Step 1 – Check the details of transaction
- Could the purchase have been made by a family member?
- Is it possible that the Merchant is operating under a trading name? Check to see if you have other transactions with similar details
- Check the transaction date and try to recall which shops you visited that day or in the days leading up to it.
- Is the transaction for a regular membership, subscription or app download?
- If you have ordered goods or services from the Merchant, check the delivery information such as delivery address and due date
- If you returned goods or services to the Merchant and was advised a refund would be made, check that the credit has been processed to your account
- If you definitely believe it is fraud, contact Coastline as soon as possible
Step 2 – Contact the Merchant
- Contact the Merchant to try and resolve the issue first
- If you wish to cancel recurring or subscription billing on your card, you must first contact the Merchant as soon as possible
- We can help with most transaction enquiries but only the Merchant can help with the following issues:
- Refunds or exchanges if you have changed your mind
- Membership fees and monthly subscription enquiries
- Issues with any software you have downloaded
Step 3 – Complete Visa Dispute Form and Contact Coastline
- Complete the Visa Dispute Form [if you need help to complete do not hesitate to contact us]
- If you don’t contact us within 90 days of the date of the transaction, we may be unable to initiate a dispute with Visa
- As part of the dispute process, we will ask for any supporting documentation such as:
- Transaction documentation
- Copies of any email communications you have had with the Merchant
- Delivery information
- Details of the goods or services purchased / ordered
- Return details if goods / services were returned to the Merchant in exchange for a refund
- Return completed Visa Dispute Form and all supporting documentation to one of our branches or email to riskandcompliance@coastline.com.au
ATM Dispute Resolution Information
ATM withdrawal dispute
We'll submit your request to the relevant financial institution and will endeavour to resolve your dispute within 45 days.
Return completed ATM Dispute Form and all supporting documentation to one of our branches or email to riskandcompliance@coastline.com.au
Helpful Guides
Cubs Fixed Term Deposit
You’re never too young to grow your savings
With a low $500 minimum starting balance, you can lock in your savings for a 3-month term and watch your money grow!
Features
No service fee
Interest paid on maturity
3-month term
Competitive fixed rate
Cubs Fixed Term Deposit for kids under 12
$500 to $10,000+ 1
4.20
%p.a. 3 month interest rate*
Fees and Requirements
Minimum starting balance $500
Available to Cubs members only
Important Information
*Rates quoted apply to individual deposits only. Interest rates shown are per annum (p.a.).
1Maximum investment amount is $10,000. Any investments above $10,000 will need to be placed on another one of Coastline Bank’s carded Term Deposit accounts.
Cubs Fixed Term Deposit is available to Cubs account holders only.
Early redemption of Cubs Fixed Term Deposits is entirely Coastline Bank’s discretion and will incur penalty interest of 1.00% p.a. (penalty interest rate is subject to change without notice)
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determinationHelpful Guides
Kickstart Fixed Term Deposit
Savings that grow with you!
Kickstart your savings with just $500 and watch them grow in just 3 months!
Features
No service fee
Interest paid on maturity
3-month term
Attractive interest rate
Manage your account using the MyCOAST App
Kickstart Fixed Term Deposit for teens 12-17 years
$500 to $10,000+ 1
4.20
%p.a. 3 month interest rate*
Fees and Requirements
Minimum starting balance $500
Available to Kickstart members only
Important Information
*Rates quoted apply to individual deposits only. Interest rates shown are per annum (p.a.).
1Maximum investment amount is $10,000. Any investments above $10,000 will need to be placed on another one of Coastline Bank’s carded Term Deposit accounts.
Kickstart Fixed Term Deposit is available to Kickstart account holders only.
Early redemption of Kickstart Fixed Term Deposits is entirely Coastline Bank’s discretion and will incur penalty interest of 1.00% p.a. (penalty interest rate is subject to change without notice)
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determinationHelpful Guides
Cubs Account
Helping young savers grow
Our Cubs Account is all about empowering kids to grow their savings and build good financial habits. It’s easy to use with no account keeping fees and great rewards along the way.
Features
For kids under 12 years of age
Attractive interest rate
Deposit and withdraw money over the counter
24/7 fraud protection
Annual birthday voucher
Up to $10,000
2.80
%p.a. interest rate*
$10,001 to $20,000
0.25
%p.a. interest rate*
$20,001+*
0.10
%p.a. interest rate*
Fees and Requirements
0 to 12 years
No account keeping fees
Important Information
*Interest rates are variable and subject to change without notice.
Before applying for a Cubs account or Cubs Fixed Term Deposit, you should read the Conditions of Use (COU) and Schedule of Fees and Charges and Transaction Limits to consider whether the product is appropriate for you.
Once the account holder turns 12 years of age, the account holder will roll over into a Kickstart account.
*Acceptance of deposits over $250,000 at Coastline Bank’s discretion.
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination
Helpful Guides
Kickstart Account
Fuel your savings journey!
The Kickstart Account is designed for young savers, students, and teens. You’ll get a Visa Debit Card for easy money management along with a competitive interest rate and no account keeping fees to help you save.
Features
For teens 12 to 17 years of age
Attractive interest rate
Easy access with a Visa Debit Card
Deposit and withdraw money over the counter
24/7 fraud protection
Manage your account using the MyCOAST App
Free internet banking
Attach additional savings accounts
Annual birthday voucher
Up to $10,000
2.80
%p.a. interest rate*
$10,001 to $20,000
0.25
%p.a. interest rate*
$20,001+*
0.10
%p.a. interest rate*
Fees and Requirements
12 to 17 years
No account keeping fees
Important Information
*Interest rate is variable and subject to change without notice.
Before applying for a Kickstart Account or a Kickstart Fixed Term Deposit you should read the Conditions of Use (COU) and Schedule of Fees and Charges and Transaction Limits, to consider whether the product is appropriate for you.
The Kickstart Account and Kickstart Fixed Term Deposit are for customers aged 12-17 only. Once the account holder turns 18 years of age, the account will automatically converted to a Coastline Access account.
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination | Debit card target market determination
Visa Dispute Resolution Information
Disputing a transaction
Do you have a transaction on your Visa debit or credit card that you think is unauthorised or incorrect? Do you have an issue with goods or services you’ve purchased?
Here are some steps to take before contacting us.
Step 1 – Check the details of transaction
- Could the purchase have been made by a family member?
- Is it possible that the Merchant is operating under a trading name? Check to see if you have other transactions with similar details
- Check the transaction date and try to recall which shops you visited that day or in the days leading up to it.
- Is the transaction for a regular membership, subscription or app download?
- If you have ordered goods or services from the Merchant, check the delivery information such as delivery address and due date
- If you returned goods or services to the Merchant and was advised a refund would be made, check that the credit has been processed to your account
- If you definitely believe it is fraud, contact Coastline as soon as possible
Step 2 – Contact the Merchant
- Contact the Merchant to try and resolve the issue first
- If you wish to cancel recurring or subscription billing on your card, you must first contact the Merchant as soon as possible
- We can help with most transaction enquiries but only the Merchant can help with the following issues:
- Refunds or exchanges if you have changed your mind
- Membership fees and monthly subscription enquiries
- Issues with any software you have downloaded
Step 3 – Complete Visa Dispute Form and Contact Coastline
- Complete the Visa Dispute Form [if you need help to complete do not hesitate to contact us]
- If you don’t contact us within 90 days of the date of the transaction, we may be unable to initiate a dispute with Visa
- As part of the dispute process, we will ask for any supporting documentation such as:
- Transaction documentation
- Copies of any email communications you have had with the Merchant
- Delivery information
- Details of the goods or services purchased / ordered
- Return details if goods / services were returned to the Merchant in exchange for a refund
- Return completed Visa Dispute Form and all supporting documentation to one of our branches or email to riskandcompliance@coastline.com.au
ATM Dispute Resolution Information
ATM withdrawal dispute
We'll submit your request to the relevant financial institution and will endeavour to resolve your dispute within 45 days.
Return completed ATM Dispute Form and all supporting documentation to one of our branches or email to riskandcompliance@coastline.com.au
Helpful Guides
Cubs Fixed Term Deposit
You’re never too young to grow your savings
With a low $500 minimum starting balance, you can lock in your savings for a 3-month term and watch your money grow!
Features
No service fee
Interest paid on maturity
3-month term
Competitive fixed rate
Cubs Fixed Term Deposit for kids under 12
$500 to $10,000+ 1
4.20
%p.a. 3 month interest rate*
Fees and Requirements
Minimum starting balance $500
Available to Cubs members only
Important Information
*Rates quoted apply to individual deposits only. Interest rates shown are per annum (p.a.).
1Maximum investment amount is $10,000. Any investments above $10,000 will need to be placed on another one of Coastline Bank’s carded Term Deposit accounts.
Cubs Fixed Term Deposit is available to Cubs account holders only.
Early redemption of Cubs Fixed Term Deposits is entirely Coastline Bank’s discretion and will incur penalty interest of 1.00% p.a. (penalty interest rate is subject to change without notice)
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination
Helpful Guides
Kickstart Fixed Term Deposit
Savings that grow with you!
Kickstart your savings with just $500 and watch them grow in just 3 months!
Features
No service fee
Interest paid on maturity
3-month term
Attractive interest rate
Manage your account using the MyCOAST App
Kickstart Fixed Term Deposit for teens 12-17 years
$500 to $10,000+ 1
4.20
%p.a. 3 month interest rate*
Fees and Requirements
Minimum starting balance $500
Available to Kickstart members only
Important Information
*Rates quoted apply to individual deposits only. Interest rates shown are per annum (p.a.).
1Maximum investment amount is $10,000. Any investments above $10,000 will need to be placed on another one of Coastline Bank’s carded Term Deposit accounts.
Kickstart Fixed Term Deposit is available to Kickstart account holders only.
Early redemption of Kickstart Fixed Term Deposits is entirely Coastline Bank’s discretion and will incur penalty interest of 1.00% p.a. (penalty interest rate is subject to change without notice)
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination
Helpful Guides
Kids and youth
18 Feb
How to make saving fun and exciting for your kids!
Let’s face it, saving money probably isn’t the most fun thing your child has at the top of their list! In this article, we’re going to try help put a capital F for fun in finance for your teenager.
Read More
General advice warning
This advice has been prepared without considering your personal objectives, financial situation or needs. Before acting on it, you should consider whether it’s appropriate for your circumstances. For more information – including terms and conditions, Product Disclosure Statements, Target Market Determinations or Financial Services Guides – please refer to the details under ‘Important information’ on the relevant product pages.
All loan applications are subject to credit approval. Interest rates are subject to change, and fees and charges may apply.