Bank accounts & lending for the education sector

Bank accounts for seamless operations

Choose from transaction, savings or specialised bank accounts, like our Business Transaction Account which has a $0 monthly account fee option when you bank mostly online.

  • Manage day-to-day cash flow
  • Make the most of extra funds
  • Easily manage accounts online

Flexible funding for growth and expansion

Order new school equipment, upgrade your facilities or support your expansion with a range of business loans to suit your needs.

  • Flexible repayment options
  • Existing customers can apply online
  • Help from our specialists when you need it

Payment solutions for schools and unis

BPOINT

An eCommerce solution that directly integrates with school systems like TASS, Xetta, Synergetic and FACTS.

  • Process one-off, recurring or batch payments and refunds with same-day settlement
  • Designed for complex tuition and fee collection needs
  • Securely store customer data with PCI-compliant tokenisation

Qkr

An app for schools to securely accept and reconcile payments for school items, excursions and canteen lunches.

  • Reduces manual payment handling for school admin staff
  • Same-day settlement to your school's CommBank business account1
  • Trusted and secure platform backed by CommBank and Mastercard

CommBiz

Helping schools manage high-volume payments with better control, visibility, and security.

  • Customisable user access and permissions for your staff
  • No transaction limits
  • 24/7 Australia-based helpdesk

Kit, the smart pocket money app for kids

Help build smart money habits in your school community with the Kit app.

You could also win a share of $100k2 for your non-for-profit organisation with the Kit Cares Community Program

Discover Kit

Why CommBank?

Switching is easy. Request a callback today and our team will get in touch with next steps. 

Driving efficiencies

Our ongoing investment in technology and eCommerce solutions means you can be confident in achieving greater operational and cost efficiencies.

Australia's largest branch network

Get support wherever you are with our national network of bankers across regional and metro locations.

Award-winning banking

Place your trust in Australia's Bank of the Year for Digital Banking.3

Frequently asked questions

All schools and education institutions are different, and so are their payment needs.

CommBank offers multiple school payment systems including BPOINT for integrated billing, Qkr for mobile payments and CommBiz for managing high‑volume transactions. Each solution is built to support the complex payment needs of modern school operations.

Schools can accept online payments using CommBank’s payment solutions such as BPOINT, Qkr and PayID, which provide secure and convenient ways for families to pay for uniforms, fees, excursions and other school activities.

Many CommBank education payment solutions can integrate with school management systems regardless of existing banking arrangements, making it easier for schools to adopt digital payment options that reduce administrative workload. Request a callback to chat to our team about what solutions are best suited to your business. 

Yes. CommBank has Australia’s largest branch and banker network, offering dedicated education specialists across both metro and regional locations to support schools with their financial needs.

Contact us

Relationship Executive - Education
State
Mobile
Email
Alex MacInnes
NSW
0436 603 538
Robert J Matthews 
Regional NSW 
0438 297 835
Kate Annear
QLD
0419 128 143
Scott McKay
QLD
0424 753 590
Andrew Yates
VIC
0420 903 671
Danielle Sibley-Cocks
SA
 0467 965 186 
Christian Lam
WA
0434 470 642

Things you should know

  • 1 Same day settlement is available on all card transactions made before 9.30pm (Sydney/Melbourne time) and all eCommerce transactions made before 5:30pm (Sydney/Melbourne time) for eligible customers with a CommBank Business Transaction Account and a linked CommBank merchant facility.

    2 Competition commences 1 December 2025 and ends 24 May 2026. T&Cs apply. Please refer to the Terms and Conditions for Organisations and Terms and Conditions for Voting Individuals.

    The Canstar 2025 Bank of the Year was received in May 2025 for Digital Banking. For more information, visit Canstar.com.au.

    Kit is a brand of CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 trading as HEY KIT. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 (CBA). CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia or its subsidiaries, and therefore you may be exposed to investment risk including possible delays in repayment and loss of income and principal invested, as relevant. CBA New Digital Businesses Pty Ltd has been appointed as authorised representative (001296799) of Hay Limited (ABN 34 629 037 403 AFSL 515459), who is the issuer of the Kit Account and associated Kit Cards. View the CBA New Digital Businesses Pty Ltd Financial Services Guide (PDF). Any advice provided is general only and does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. Please consider the Product Disclosure Statement (PDF), before making any decision about the products. Fees and charges may apply. View the Target Market Determination (PDF). Please visit Important Legal Information to access detailed terms and conditions about our app and the services, our Privacy Policy (PDF) and other important legal documents.