• We will be performing scheduled maintenance on Friday 23 October at 8am until Monday 26 October at 5am. Customers can still use our online banking services however may experience slower performance. We apologise for any inconvenience.

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0.05 % p.a.

Interest rate
($0 - $14,999)

0.05 % p.a.

Interest rate
($30,000 and over)

0.05 % p.a.

Interest rate
($0 - $14,999)

0.05 % p.a.

Interest rate
($30,000 and over)

Everyday preschool finances made simple

Managing a preschool can be complex, so accessing your money shouldn’t be. That’s why Bank First offers the Day to Day account for security and stability.

Not only do you get access to competitive interest rates and flexible terms, but only signatories and authorised staff can access account information. It’s the power of day-to-day banking with security and peace of mind.

The details:

  • No transaction fees so you can make the most of your preschool’s money.1

  • Access your account with Cheque Book, Internet and Phone Banking, to suit your preschool’s needs.

  • No minimum balance necessary.

  • Ability to transfer funds to other accounts, and easily make provision for petty cash, and staff long service and sick leave requirements.

  • Take the hassle out of paying bills by using BPAY.

  • Interest calculated daily and applied quarterly.

Feel good knowing your bank gives back

We’re a true alternative to the big 4, and as a customer-owned bank, we put our customers first. We’re proud to support those who make a difference in the community through the Bank First Community Fund. 

Learn more
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Rates & fees

  • Rates
    Interest tier is determined on the whole of balance
    Interest tier is determined on the whole of balance
    Interest rate (p.a.)
    $0 - $14,999
    Interest rate (p.a.)

    0.05%

    $15,000 - $29,999
    Interest rate (p.a.)

    0.05%

    $30,000 and over
    Interest rate (p.a.)

    0.05%

  • Fees
    One-off fees
    One-off fees
    Amount
    Account keeping fees
    Amount

    $0

    Transaction fees1
    Amount

    $0

    Ongoing fees
    Ongoing fees
    Amount
    Annual fees
    Amount

    $0

Ready to Apply

Applying for a preschool account is a journey you shouldn’t go through alone. Our Relationship Officers are here to talk with you about your school’s unique circumstances.

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1300 654 822
Important Information
Schools and Preschools Interest Rates effective 23 September 2020.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
1. Other fees and charges may apply.