Christmas Club
A savings account for the festive period, where members can access the funds between 1 November and 31 January.
- Base rate
- 1%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Interest is paid 6 monthly on 30 June and 31 December. | 1% | — | every 6 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| CHEQUE_DISHONOUR Capped at $0.00 · A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured. | Event | $9.00 |
| DIRECT_ENTRY_DISHONOUR Capped at $0.00 · Payable when a direct entry (inward and outward) is dishonoured. | Event | $9.00 |
| DOCUMENT_FEE Capped at $0.00 · $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase. | Event | $60.00 |
| FINANCIAL_INSTITUTION_CHEQUE Capped at $0.00 · Payable when you request us to issue a financial institution cheque. | Event | $2.50 |
| MISCELLANEOUS_SERVICE_FEE Capped at $0.00 · $60.00 per hour. Payable if you request information not covered by the Document Fee. | Event | $60.00 |
| OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_AUSTRALIAN_CURRENCY Capped at $0.00 · Payable if we assist you send funds electronically overseas in Australian dollars. |
Features
- Digital banking
- Balance of account is available via Internet Banking from 1 November to 31 January each year only. Outside of these dates, withdrawals are permitted in branch
- PayID
- Real-time payments (NPP)
- Passbook account only
- Notifications — Mutual Alerts - Balance, low and high balance, deposit, withdrawal
- Unlimited transactions
- Staff assisted transactions - Branch and Contact Centre
Eligibility
- Residency status — Australian citizen or a permanent resident of Australia or otherwise approved
- Individuals onlyAvailable for personal use only
- Minimum age — 12 years
Constraints
- Opening balance — $0.00
- Minimum balance — $0.00
More Information
Published by Maitland Mutual Limited under the Consumer Data Right · Last updated 30 June 2026 · Product ID Christmas_Club · View on CDR.gov.au