CHRISTMAS CLUB
Christmas is an expensive time of year. Start budgeting early and be prepared with a Christmas Club account. Funds are available for withdrawal from 1 November to 31 January each year.
- Base rate
- 2%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 2% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| BULK_COIN_COUNTAGE Up to 2% for bulk coin counting above $300. Fee excludes money boxes & community | Deposit | 2% of transaction |
| STATEMENT_COPY | Event | $2.50 |
| OVERDRAWN_SAVINGS_ACCOUNT per occurence | Event | $20.00 |
| TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY A fee of 0.25% of total cash withdrawals is charged for total cash withdrawals over $4000 in a day. | Withdrawal | 0.25% of transaction |
| FOREIGN_CHEQUE_DEPOSIT | Transaction | $11.00 |
Features
- Digital banking
- Internet Banking and Mobile Banking App.
- Bill payment (BPAY) — BPAY
- BPAY is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills.
- Real-time payments (NPP)
- This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds.
- Funds are available for withdrawal from 1 November to 31 January each year.
More Information
Published by Horizon Bank under the Consumer Data Right · Last updated 30 June 2026 · Product ID S8_S80001 · View on CDR.gov.au