If you would like your child to particpate in School Banking they will need a Youthsaver account. This account has not monthly fees or withdrawal fees. They will also earn bonus interest when they make least on deposit (conditions apply) and no withdrawals each calendar month on balances up to $50,000. this account is for anyone under 18 years of age.
There are three easy ways to get one:
Apply online at commbank.com.au/school banking
Log on to your CommBank app (if you bank with CommBank)
Visit any CommBank branch
School banking will be every Tuesday starting from Tuesday, 5 March 2019.