---
title: "Christmas Club Account — Bank First"
description: "Transaction & Savings Accounts from Bank First. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-first/products/6690c88c-04b8-4c36-8a56-cec0909f8ad4
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-21T23:40:09.286116Z
---

# Christmas Club Account — Bank First

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

**Transaction & Savings Accounts · Bank First Production**

Savings Account

## At a glance

- **Base rate:** 3.35%

## Apply

Applications are handled by the provider: [Apply at Bank First](https://form.bankfirst.com.au/account-application)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 3.35% | — | every 3 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Direct Entry Return Fee | Event | $2.50 |
| Direct Debit Stop Request | Event | $9.00 |
| Direct Debit Dishonour Fee | Dishonour | $15.00 |
| Overdrawn Account Fee — Applies when your Transaction / Savings Account is overdrawn or the balance exceeds the limit of any Overdraft attached to the account at close of business and charged again at seven day increments if the balance remains overdrawn / limit exceeded. | Event | $15.00 |
| Statement Request | Enquiry | $0.00 |
| Coin Handling Fee — Handling of a coin deposit or withdrawal - $5 per every $100. | Event | $5.00 |
| Inactive Membership Fee — Charged yearly | Ongoing | $30.00 |
| Non- Individual Membership Establishment Fee — Applies when a Non-Individual membership is established | Upfront | $50.00 |
| Account Keeping Fees — Charged monthly | Ongoing | $0.00 |

## Features

- **Phone banking is available, balance enquiries only**
- **PayID**
- **Digital banking** (Balance Enquiry only)
- **Funds are available for withdrawal from the first business day in November to the end of December. On the first business day in December the balance of the account plus interest will be credited to the Transaction Account. One withdrawal per quarter is permitted. Any further withdrawals may result in the closure of the account and the balance of funds being transferred to your Transaction Account**
- **Other service related charges apply based on your circumstances**

## Eligibility

- **Available to members only.**

## More information from Bank First

- [Overview](https://www.bankfirst.com.au/bank-accounts/savings-accounts/christmas-club)
- [Terms & conditions](https://www.bankfirst.com.au/disclosure-documents)
- [Eligibility](https://www.bankfirst.com.au/-/media/bankfirst/pdfs/termsandconditions/tc_part_a.pdf?la=en&hash=1BD3E51F84EC9362648BB08285FA0082715FEDB6)
- [Fees & pricing](https://www.bankfirst.com.au/-/media/bankfirst/pdfs/termsandconditions/tc_part_b.pdf?la=en&hash=172D55D317D95FDB13F24CDFDE6D3B6B2E7C7F37)

## Data provenance

- Published by Bank First under the Consumer Data Right
- Product ID: `6690c88c-04b8-4c36-8a56-cec0909f8ad4`
- Last updated by the provider: 21 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-first/6690c88c-04b8-4c36-8a56-cec0909f8ad4
- Provider page: https://www.cdrcompare.au/brands/bank-first
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000112

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-first/products/6690c88c-04b8-4c36-8a56-cec0909f8ad4) — 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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