Y Y-SAVEMultipurpose Co‑operative

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School Fees Account

Spread the cost of school fees across the year, so term time stops catching you short.

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Set aside savings specifically for education — for yourself or your dependents — so fees deadlines stop being stressful.

Choose your term

Short Term

Ongoing account, withdraw whenever fees are due. Earns 7% PA compounding.

Medium Term

Minimum 5-year lock-in, suited to parents starting early. Earns 8% PA compounding.

Long Term

Minimum 15-year lock-in, built for tertiary education. Earns 12% PA compounding.

Eligibility

Open to all Y-Save account holders.
Account is opened under the parent or guardian's name.
One account can cover one child, several children, or the member themselves.

Why members choose it

Easy and affordable to open.
No account maintenance or monthly charges.
No minimum deposit amounts.
Encourages disciplined, steady saving toward fees.

Not sure this is the right fit?

Tell us what you're saving for and we'll recommend the right combination of accounts.

Talk to an advisor