A Christmas Savings Account is a great way to save for Christmas. Your funds are only available from the 1st November to 31st January (to remove the temptation of spending prior to Christmas), but while your money is earning such great interest, why would you want to spend it? Your funds can be received over the counter or transferred to another account.
| Key Features | |
| Availability of funds | Withdrawal period between 1 November and 31 January. We may allow early withdrawals at our discretion (eg. in cases of hardship) |
| Minimum to open | $1 |
| Interest |
Calculated on minimum monthly balances and credited 30 June and 31 October. View our current interest rates. |
| Sub-account available | Yes |
| Access Methods | |
| Branch transactions | Yes (subject to withdrawal restrictions above) |
| ATM/EFTPOS through Visa Card or Redicard |
No |
| Bank@Post | Yes (subject to withdrawal restrictions above) |
| 'Phone-Access' Phone Access | Yes (subject to withdrawal restrictions above) |
| Internet Banking | Yes (subject to withdrawal restrictions above) |
| BPAY | Yes (subject to withdrawal restrictions above) |
| Personal cheque facility | No |
| Direct credits / debits | Yes (credits only) |