Preschool Accounts
The education community is a crucial pillar of our society and that’s why we are invested in the financial well-being of educators and preschools.
We're here to help
Our Community Engagement Partners are here to talk with you about your preschool’s unique circumstances and recommend what’s best for your needs.
Discover our range of accounts and term deposits
- Transactions
- Savings
- Term Deposits
Everyday preschool finances made simple
Day to Day Account
A Day to Day account allows only signatories and authorised staff to access account information providing the ability to meet day-to-day banking needs with security and peace of mind.
0.05%p.a
$1 and over
- No transaction fees
- Access your account with Internet Banking
- Ability to transfer funds to other accounts
Control and security for withdrawals and everyday cash
Petty Cash Account
You get access to small amounts of cash for everyday purchases, with daily withdrawal limits for security. It’s the best of both worlds.
0.05%p.a
$1 and over
- Enjoy added security with daily withdrawal limits of $50 or $100
- Use either ATM or EFTPOS to make petty cash purchases
- No transaction fees, so more of your money can be used to benefit your preschool
Easily manage day-to-day finances
Preschool Savings Account
With a competitive interest rate, the Preschool Savings Account allows you to earn more on funds that you don’t need day-to-day.
0.05%p.a
Interest rate ($0 - $4,999)
3.80%p.a
Interest rate ($5,000 and over)
- Freedom to access funds anytime
- No transaction fees
- Be rewarded with a higher interest rate with a balance of $5,000 and over
An interest rate helps your preschool save
Fundraising Account
With a competitive interest rate, the Preschool Fundraising Account allows you to budget for fundraising activities.
3.65%p.a
$1 and over
- No transaction fees
- Manage funds via Internet Banking
- Make deposits into the account using Bank@Post Barcode Banking
Manage finances and staff entitlements
Long Service and Sick Leave Provisions
By keeping these funds separate it will be simpler to reconcile and manage the books. There’s no chance of your money getting mixed up in different accounts.
3.80%p.a
$1 and over
- No transaction fees
- Manage funds via Internet Banking
- Each quarter, the balance of the Account is transferred into a Term Deposit
Competitive interest rate
Long Service Leave and Sick Leave Term Deposit
Keeping entitlement funds separate ensures safety, security and knowledge that when staff changes happen your money won’t get mixed up and lost.
3.80%p.a
Interest rate ($500 and over)
- No transaction fees
- Quarterly balance transfers from the provision account, earning a higher rate of interest
- Easily manage funds via Internet and Phone Banking
Your preschool's money is working for you
30-90 Days Preschool Term Deposit
Get peace of mind that your preschool's money is actually working for you, and that you can take one step forward to achieving your goals.
4.10%p.a
Interest rate ($5,000 and over)
- Secure fixed rate of return
- Only signatories and authorised staff are able to access information
- Review your Term Deposit balance using Internet Banking
Secure rates of return
120-180 Days Preschool Term Deposit
Upon the completion of the term, you can transfer your interest earnings to any nominated account to provide a continuous source of cash flow.
4.15%p.a
Interest rate ($5,000 and over)
- Secure a fixed rate of return
- Only signatories and authorised staff are able to access information
- Review your Term Deposit balance using Internet Banking
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