---
title: "Christmas Saver — Bank Australia"
description: "Transaction & Savings Accounts from Bank Australia. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-australia/products/a2b5b53d-d5a8-4ad0-bfbf-20e6dfeeb142
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-24T05:52:05.053Z
---

# Christmas Saver — Bank Australia

> Transaction & Savings Accounts from Bank Australia. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

A savings account which allows unlimited withdrawals between 1 November - 31 January and pays interest on the money you deposit during the year.

## At a glance

- **Base rate:** 2.25%

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Funds available from 1 November. Interest calculated daily on whole of balance and credited on 30 November.) | 2.25% | — | every 12 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Dishonour Fee — A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account. | Dishonour | $0.00 |
| International transaction fee (ITF) — When you undertake an International transaction on a Bank Australia Visa Debit Card you will be charged the fee. An International transaction is any purchase, withdrawal or credit in a currency other than Australian Dollars or where the merchant or financial institution accepting the transaction is outside of Australia or where there is a currency conversion. | Transaction | 3% of transaction |
| Staff assisted withdrawal fee — A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided. | Event | $0.00 |
| Monthly Fee — Charged monthly · A flat fee payable on the last day of each month. | Ongoing | $0.00 |
| Online international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. | Payment | $10.00 |
| Exceeding available funds fee — A fee charged when you exceed the actual balance or authorised limit of your savings account, transaction account, or overdraft facility greater than $100 payable on the day the event occurs or next day. | Event | $0.00 |
| Debit interest charge rate — Additional interest charged on overdrawn account. | Event | 12.39% of transaction |
| Certificates supplied by the bank — A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. | Event | $5.00 |
| Duplicate statement fee — $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and is charged on or after the day you order the duplicate statement. | Event | $5.00 |
| Dormancy Fee — Charged yearly · Administration fee where account has been transferred to dormancy status. | Ongoing | $10.00 |
| Security token fee — When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token. | Event | $50.00 |
| SMS alert fee — This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS. | Event | $0.25 |
| Same day funds transfers within Australia fee (RTGS) — This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per transfer. | Transaction | $20.00 |
| Staff assisted international payment in AUD — This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer. | Payment | $30.00 |
| Staff assisted international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre.  The cost is per transfer. | Transaction | $30.00 |
| Inwards Payment fee — International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction. | Deposit | $0.00 |

## Features

- **Digital banking** (You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.)
- **Notifications** — Account Notifications (Notifications can be enabled in the App or through Internet Banking, allowing you to be alerted either by email, sms or through the App about your account activity.)
- **Real-time payments (NPP)** (Move money and pay people instantly with Osko.)
- **PayID** (With PayID you can forget your BSB and account number - simply use your mobile, email or ABN to receive payments. This account can be linked to a PayID.)
- **Round Up: When you make  a transaction with your Visa debit card, you can decide whether you want the amount will be rounded to the nearest whole dollar amount, with the round up being credited from your transaction account into your nominated Savings account or Credit Card. This account can receive Round Up credits.**
- **Unlimited transactions** (Unlimited transactions between 1 November and 21 January)

## Eligibility

- **Minimum age** — 13 years (13+ years)
- **Individuals only** (Natural Person or In trust for a Natural Person)
- **Personal, Joint and Trust**
- **Residency status** — AU (Must be an Australian citizen, permanent resident or have a valid Visa.)

## Constraints

- **Funds locked betweeen 1 February and 31 October each year. Interest calculated daily on whole of balance and credited on 30 November.
** — Account Locked

## More information from Bank Australia

- [Overview](https://www.bankaust.com.au/banking/savings-accounts/christmas-saver/)
- [Terms & conditions](https://www.bankaust.com.au/banking/savings-accounts/christmas-saver)
- [Fees & pricing](https://cdn.bfldr.com/1R31Y8GR/as/ttcjnnjsvnsm9k5gx5qpmwbp/Fees_charges_and_transaction_limits)

## Data provenance

- Published by Bank Australia under the Consumer Data Right
- Product ID: `a2b5b53d-d5a8-4ad0-bfbf-20e6dfeeb142`
- Last updated by the provider: 24 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-australia/a2b5b53d-d5a8-4ad0-bfbf-20e6dfeeb142
- Provider page: https://www.cdrcompare.au/brands/bank-australia
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000150

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-australia/products/a2b5b53d-d5a8-4ad0-bfbf-20e6dfeeb142) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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