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School Banking

School Banking

What’s School Banking?

School Banking is a fun, interactive and engaging way for young Australians to learn about money and develop good savings habits.

Run through participating primary schools nationally, children who deposit money into their Youthsaver account through School Banking earn Dollarmites tokens which they can redeem for exciting rewards.

It’s also a great fundraising activity, with participating schools receiving 5% of every individual deposit made at school (up to $10), along with other benefits.

When children join the program they receive a Dollarmites deposit wallet and a Platybank money box, along with a range of fun, engaging materials to help them learn and encourage them to save.

Dollarmite Club

Get Your Child Started with School Banking

If your child’s school is already involved, all you’ll need to do is open a Youthsaver account for your child (or they can can use their existing one). Here are three ways to open a Youthsaver account.

Apply online

Apply online if you’re an existing customer and have NetBank (Open in NetBank ).

Apply in a branch

Visit your closest branch. You’ll need to bring your child’s birth certificate when you visit your closest branch. (Find a branch)

Apply at school

Complete and return this form to your child’s school. (Youthsaver account application – PDF)

*School Banking is available on Friday mornings during each term from 8:15am – 9:15am in the P&C Room.

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