Broadbeach Independent Public School is excited to offer the Commonwealth Bank School Banking program to all students. Our School Banking day is Wednesday. Each week you need to place your yellow banking wallet inside the grey banking bag in your classroom. Banking wallets will be returned to students via their teacher by Thursday.
If your child has lost their book, they can bring their money to school in a sealed envelope with a note on the next School Banking day. We will issue them with a replacement.
School Banking is a fun, interactive and engaging way for young Australians to learn about money and develop good savings habits. Children who deposit money into their Youthsaver account through School Banking earn Dollarmites tokens, which they can save up and redeem for exciting rewards.
The rewards available during 2020 are:
School Banking is also a great fundraiser for our school. Our school receives a Regular Savers Contribution of $5 for every 10 deposits processed per student as well as an Annual Contribution which is based on the number of students who made at least one School Banking deposit in the prior year.
Getting involved in School Banking is easy!
All you need to get involved in the School Banking program is a Commonwealth Bank Youthsaver account. You can open an account for your child in one of two ways:
Visit commbank.com.au/schoolbanking and click on the link to open a Youthsaver account.
2. In branch
Visit a Commonwealth Bank branch with identification for yourself and your child, like a driver's licence and birth certificate.
If you would like to know more about School Banking please visit commbank.com.au/schoolbanking. Parent information packs will be distributed to prep children during the first few weeks of term. You can also collect an information pack from the school office or in the James Centre on a Wednesday morning from 8.45am.