Pricing and payment plans
Full details of these payment plans are included on page 9 of our Storage Agreement.
a: Monthly payments commencing one month after your child's birth.
b: Annual payments commencing the year after your child’s birth. Annual payments are subject to CPI increase.
c: An Early Repayment Option is available for Plans 7,8,15,16. At any time during the contract period the remaining Storage Fees may be paid in full. If exercised, any remaining storage fees will be discounted by 30%.
How much does Cord Blood & Tissue Stem Cell Banking cost?
We appreciate that having a baby can sometimes be financially challenging but we also believe in the importance of storing your baby’s cord blood and cord tissue and offer a range of payment plans to help make cord blood and cord tissue banking as financially accessible to parents as possible.
There are no additional charges to release and transport your child’s cord blood within Australia when they are needed. There will however be an additional charge to prepare and transport cord tissue cells when they are needed (if approved for release for therapeutic use). This charge will be able to be determined at the time of release.
You have the option of 18 year or 25 year initial storage periods
Your child’s cord blood and cord tissue (if applicable) will be initially stored for either 18 or 25 years, unless released for use before this time. After this initial storage period, your child can elect to continue storage by entering into an Extended Storage Agreement with Cryosite. The Extended Storage Agreement provides ongoing storage on a year by year basis and payment is via the annual storage fee effective at that time.
• Cryosite Repeat Customer - $400 discount (Cord Blood+Tissue) or $200 (Cord Blood)
If you have previously banked your child’s cord blood or tissue with Cryosite, we offer this discount to the Processing & Storage Fee for each successive child.
• Previous Child Banked with another company - $150 discount (Cord Blood+Tissue or Cord Blood)
Banking your child’s cord blood and cord tissue is an important decision, and naturally, you would want to re-examine the capabilities of your previous cord bank company before entering into a storage agreement for subsequent children. If you previously banked with someone else, and choose to bank a subsequent child’s cord blood or cord tissue with Cryosite, we will offer the following discount to your Processing & Storage Fee.
• Twins Discount - $800 discount (Cord Blood+Tissue) or $400 (Cord Blood)
To assist with the costs associated with multiple births, we provide the following discount off the total Processing & Storage Fee for twins.
• Refer a friend bonus - $50 discount (Cord Blood+Tissue or Cord Blood)
If you have banked your own baby’s cord blood and cord tissue with Cryosite and you “Refer a Friend” who stores their baby’s cord blood or cord blood and cord tissue with Cryosite, we will mail out a $50 “thank you” voucher for referring your friend.
Potential Additional Charges
• Late Registrations – A fee may apply for late registration if a collection kit needs to be shipped to you using a “same day” courier. Fees depend on delivery address and time.
• Collection Fees - If your doctor is not collecting your cord blood or tissue, and you require Cryosite to provide a collector, an additional fee may be charged.
A note on comparing costs
The viability of banked cord blood and cord tissue stem cells and its availability for future use, depends on the experience of the scientists, and the long term security of company you chose to bank with. Parents have a choice between several private banks and when deciding, the experience and security of the cord blood company, as well as the cost, is an important consideration. Why choose Cryosite.