School Everyday Account

Bank First's School Everyday Account is a transaction account. The figures are the ones Bank First publishes under the Consumer Data Right today. The advertised rate last moved on 16 October 2026, up from 2.40% to 2.65%.

Advertised rate

2.65%

headline tier

Tiers

current rate rows

Last moved

+0.25pp

16 October 2026

Advertised rate, last 30 days. Between 2.40% and 2.65% over the last 30 days.

Every current rate (2)

Tier	Rate
Variable, up to $5,000School Everyday Account_Tier_1	0.05%
Variable, $5,000 and overSchool Everyday Account_Tier_2	2.65%

Rate moves, last 30 days

16 October 2026: Variable, $5,000 and over lifted 0.25pp, from 2.40% to 2.65%.

Published fees

Fee	Amount
Direct Entry Return Feewhen it happens	$2.50
Direct Debit Dishonour Feedishonour	$15
Bank First Cheque Feewhen it happens	$5
Coin Handling Feewhen it happens: Handling of a coin deposit or withdrawal - $5 per every $100.	$5
Account Keeping Feesrecurring	$0
Inactive Membership Feerecurring	$30
Direct Debit Stop Requestwhen it happens	$9
Statement Requestper enquiry	$0
Bank First Corporate Cheque Stop Paymentwhen it happens	$15
Non- Individual Membership Establishment Feeupfront: Applies when a Non-Individual membership is established	$50
Overdrawn Account Feewhen it happens: Applies when your Transaction / Savings Account is overdrawn or the balance exceeds the limit of any Overdraft attached to the account at close of business and	$15

Other Bank First transaction accounts

Preschool Long Service and Sick Leave Provisions Account 4.55%Preschool Fundraising Account 4.40%Pension Account 3.65%Christmas Club Account 3.60%First Access Account 2.20%Preschool Day to Day Account 0.05%Preschool Petty Cash Account 0.05%

Get an email the morning Bank First moves this rate.

Every Bank First rate · every transaction account rate compared · other lenders · this product in the explorer.