Zero monthly account and transaction fees.
Benefits at a glance
Earns interest on every dollar with our competitive interest rate.
Access to saving and spending tools with our ASB Mobile Banking App.
Your bank account grows with you
0-12
At this age only a parent or guardian can open an account by visiting our Advice Centre, and will manage it until they're ready to pass on control. Under-12 year olds can still make deposits, check balances and ask for a statement, but a guardian needs to move money around or take it out (or give us consent to let you do it).
13-15
At 13, you can open and manage a Headstart account by yourself, or take over one that's been opened for you. This includes being able to take money out and transfer to different accounts. Visit a branch to get an ASB Visa Debit (with your parent's permission), or an ASB FastCash card once you're in control.
16-17
16 and 17 year olds can now add an ASB Visa Debit card to your account. This makes it possible to use contactless payment with your phone or smartwatch, and buy online with your own money.
18+
You'll be switched to our Streamline account, which has no monthly account or transaction fees. From here you can apply for different products and set up a money management system that works for you.
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.
Open a Headstart account in an Advice Centre
A Headstart account can be opened by appointment at your local ASB Advice Centre. Headstart accounts for children aged 0-12 cannot be opened online. As a parent or guardian, make sure you bring in accepted ID for both yourself and your child.
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.
Interest rates
Earn interest on every dollar
Monthly account fee
Transaction fees
Better banking for teens
It's never too late - or too early - to learn good money habits, and being in charge of your money is a big step. We're here to support you, help you keep your money safe and help it grow.
Get more with ASB
Bank anywhere, anytime
Teach your child how to manage their money at a time that suits you. Download their statements using FastNet Classic online banking and show them how to track their budget, or let them check their balance with the ASB Mobile app before they buy that ‘must-have’ new game.
Teach kids to be cash clever at home
Teach your kids to be cash clever at home with the help of our simple GetWise money tip videos covering everything from the value of pocket money, to the difference between needs and wants.
Let your kids buy online with a Visa Debit card
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.
Set up alerts to stay ahead
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.
Embark on the GetWise Mission with ASB
When you open a Headstart account with ASB, your children can embark on the GetWise Mission - an interactive spy themed mission kids can access at home.
Eight spy-themed assignments will help your kids develop their money-smart skills online.
A Headstart Starter Pack is available for your child when you open a Headstart account with ASB. Each pack contains learning activities, a pencil case and coloured pencils.
ASB Bank Limited's terms apply. Rates may change and service fees apply.
