Christmas comes around quickly each year, and brings with it a heap of expenses. Presents, food and drink, travel to see the family... it all adds up.
If you're looking for a way to put aside money throughout the year to prepare for the festive season, we can help. Our Christmas Club account lets you make regular, scheduled deposits into the account to save for your Christmas expenses, and your access is restricted to encourage you not to touch the money.
Your saved funds then automatically roll over to your nominated transaction account on November 1 or December 1, just in time for you to start making those Christmas purchases.
There's no monthly service fee, and while you're saving, you're earning interest on those funds. Plus, the funds are accessible if you do need to access the money for any reason, but a fee* applies for each withdrawal made.
Sound like your kind of savings approach? Below we have outlined the details for the Christmas Club account, and you can also check out our latest interest rates. If you're ready to open an account, just visit your local branch.
Download the Product Information Brochure for full details.
|Monthly Service Fee||No|
Automatic transfer to a nominated default account on
1 November or 1 December.
|Internet Banking Transfers||û|
|Phone Banking Transfers||û|
|Staff Assisted Withdrawal||û|
|Interest calculated on||Daily balance|
*For details about withdrawal fees that apply to the Christmas club account, refer to our Fees and Charges brochure.