Christmas Club Account
Plan and save for those festive season expenses. Christmas can be a financially stressful time for many, so prepare in advance for the expense of the festive season with this special purpose account. Make regular deposits during the year and be rewarded with interest and a special lock away facility to keep spending temptation at bay. Total balances and interest become available from 1 November each year, just in time for Christmas!
- Base rate
- 1.45%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Withdrawals restricted from period 1 November to 31 January (withdrawals outside this period attract a withdrawal fee) | 1.45% | — | every 6 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Overseas Transfers/Drafts/Cash Passports At cost | Event | |
| Domestic ATM Transaction Applies per ATM transaction | Transaction | |
| Over the Counter Fee Applies per cash withdrawal and/or member cheque encashment | Transaction | |
| Special Clearance Cheque A fee when obtaining a special answer of a cheque | Event | |
| EFTPOS Transaction Applies per transaction | Transaction | |
| IPEX (Inward deposit from another Financial Institution Swift transfer into an account from another financial institution | Event | |
| Cash Withdrawal Fee (per $2,000 or part thereof) This fee applies per $2,000 or poart thereof cash withdrawal | Variable |
Features
- Digital banking
- Withdrawal period 1st November to 31st January
- Account participates in the relationship balance fee rebate scheme
Eligibility
- Residency status — Member must be an Australian resident
Constraints
- Opening balance — $1.00
More Information
Published by Family First under the Consumer Data Right · Last updated 31 March 2026 · Product ID d75007d9-7834-437f-af30-0fe9ae45b4b0 · View on CDR.gov.au