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BSB 704-191

Everyday School Account

The Everyday School Account is an efficient account for your school’s day-to-day banking. Enjoy added security with only signatories and authorised staff able to access account information.

An everyday account to make the most out of your school’s finances
Interest rate ($0 - $4,999)
Interest rate ($5,000 and over)
  • Competitive interest rate
  • Flexible terms

The details

  • Convenient access

    Access your account with Cheque Book, Internet and Phone Banking, to suit your school’s needs.
  • No transaction fees

    So more of your money can be invested into your school and your students’ education.¹
  • Easily transfer funds

    To other accounts and institutions.
  • BPAY

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

    Calculated daily and applied quarterly.
  • No minimum balance necessary

    But get rewarded with a higher interest rate when your school maintains a balance of $5,000 and over.
  • Bank@Post Barcode Banking

    Deposit funds at Australia Post direct to the account using Bank@Post Barcode Banking.

Feel good know 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. 

Rates and Fees

  • Interest tier is determined on the whole of balance


    Interest rate (p.a.)

    $0 - $4,999


    $5,000 and over



  • One-off Fees



    Account keeping fees


    Transaction fees1


    Ongoing Fees



    Annual fee



Contact your dedicated Community Engagement Partners

Our Community Engagement Partners are here to talk with you about your school’s unique circumstances and recommend what’s best for your needs.

Important Information

Schools and Preschools Interest Rates effective 10 May 2024.

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.