Skip to main content

Christmas Club Account

Savings for the festive season is easy with our Christmas Club Account.

Three reasons to open a Christmas Club Account

Find out if this account is the right fit for you.
Save for Christmas

Ensure you have enough money to get you through the festive season

Stay motivated

Early withdrawal fees to encourage you not to dip into your savings

No monthly service fee

Watch your savings grow without worrying about monthly service fees

Christmas Club Account summary

This account is designed to encourage you not to withdraw your money before the Christmas period
  • Minimum opening balance of just $1
  • e-banking and phone banking anywhere, anytime
  • Free e-banking and branch withdrawals from 1 November till 31 January
  • Go green and set up e-statements on your account

Rates and fees

Here are some rates and fees that may apply to your account. For the full list of fees and charges, please refer to schedule of fees and charges.

Monthly service fees

$0

Withdrawals
  • $15 early withdrawal fee applicable from 1 February till 31 October
  • $0 e-banking and branch withdrawals from 1 November till 31 January
Interest rate

Current variable interest rate is 0.80% p.a.

Interest calculated daily and paid annually.

How to apply?

Read our eligibility criteria and have your documents ready.
Identity

If you are a new customer, we will need to verify your identity via any two forms of IDs listed below.

  • Drivers License
  • Passport
  • Medicare card
Eligibility

You need to be an Australian citizen or resident in order to apply for a Christmas Club Account

Joint or Business accounts

Not available as a joint account or for Business customers

Open a Christmas Club Account

Check that you meet our eligibility criteria. Open our convenient transaction account and get access to useful features.
Apply in-branch

If you are a new or an existing customer, you can apply at your preferred branch.

Contact us

If you’d like more information you can contact us on 1300 236 344.

Enquiry form

If you’d like more information and would prefer we contact you, fill out our online enquiry form.

Travel Insurance

Know your worth! Insurance you can rely on is worth its weight in gold. And when it’s arranged by Australia’s Most Trusted Bank^, you can be confident it’s insurance worth having.

Helpful tools

Discover our library of helpful tools to manage your savings, set goals, and achieve more.

Need help?

Whether you prefer online resources, phone assistance, or a friendly face-to-face chat, we offer a variety of ways to get the support you need. Let us know how we can help!

Online

Complete the online enquiry form to get contacted via your phone or email.

At a branch

Use our branch locator to search for a branch, agency or ATM near you.

Phone

If you have clicked on any suspicious links and entered your e-banking details:

Things you should know

Target Market Determinations for products are available.

This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2024 Bendigo and Adelaide Bank