Do banks still offer Christmas club savings accounts in Australia?
Yes, on this page we have selected the best Christmas saving accounts in the Australian market that will help you to save for holiday gifts, travel, and celebrations.
What are the features of Christmas savings accounts?
Accounts are usually limited in time. Banks usually charge an early withdrawal fee if you make it until 31 October and provide free access to the account between November and December.
What rates do Australian banks offer for Christmas club accounts?
The interest rate depends on the specific bank and the situation in the banking sector but usually ranges from 2% to 3% per annum.
Calculate income on a savings account for 1 year (example):
| Amount, $ | Rate, % | Income, $ |
| 16 000 | 0,15% | 24,00 |
| 16 000 | 0,15% | 24,00 |
| 16 000 | 0,15% | 24,00 |
| 29 000 | 3,45% | 1 000,50 |
| 29 000 | 3,45% | 1 000,50 |
| 29 000 | 3,45% | 1 000,50 |
| 78 000 | 4,05% | 3 159,00 |
| 78 000 | 4,05% | 3 159,00 |
| 78 000 | 4,05% | 3 159,00 |
See the similar FAQ about savings in Australian banks:
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Details of companies offering the financial services:
Australian Military Bank
Head office’s address: 45 Clarence Street
Contact center: 1300 13 23 28
Phone: +61 2 9240 4122
Mail address: PO Box H151, Australia Square, NSW 1215
Web-site: https://www.australianmilitarybank.com.au
Swift code: AUMLAU21
ABN: 48 087 649 741
BSB: 642 170
Bank First
Head office’s address: 117 Camberwell Rd
Contact center: 1300-654-822
Phone: 61-3-9834-8560
Mail address: PO Box 338 Camberwell Vic 3124
Web-site: https://www.bankfirst.com.au/
ABN: 44 087 651 769
BSB: 704-191
Bendigo and Adelaide Bank
Head office’s address: The Bendigo Centre
Contact center: 1-300-361-911
Phone: 61-2-8023-5417
Mail address: The Bendigo Centre PO Box 480 Bendigo Vic 3552
Web-site: http://www.bendigobank.com.au/
Swift code: BENDAU3B
Stock code: BEN
ABN: 11 068 049 178
BSB: 633-300
Gateway Bank
Head office’s address: 68 York St
Contact center: 1300 302 474
Phone: +61 2 9307 4200
Mail address: GPO BOX 3176 SYDNEY NSW 2001
Web-site: https://www.gatewaybank.com.au/
Swift code: ASLLAU2CGTW
ABN: 47 087 650 093
BSB: 676-000
G&C Mutual Bank
Head office’s address: 201 Elizabeth Street
Contact center: 1-300-364-400
Phone: 61-2-9307-5400
Mail address: PO Box A253, Sydney South NSW 1235
Web-site: http://www.gcmutualbank.com.au/
Financial institution code: SGE
ABN: 72 087 650 637
BSB: 659-000
Heritage Bank
Head office’s address: 400 Ruthven St
Contact center: 13-14-22
Phone: 61-7-4694-9000
Mail address: PO Box 190 TOOWOOMBA QLD 4350
Web-site: https://www.heritage.com.au
Swift code: HBSLAU4T
ABN: 32 087 652 024
BSB: 638-603
MyState Bank
Head office’s address: 137 Harrington St
Contact center: 13-80-01
Phone: 61-3-6233-0679
Mail address: 137 Harrington St L 2, Hobart, Tasmania, 7000, Australia
Web-site: http://mystate.com.au/
Stock code: MYS
ABN: 89 067 729 195
BSB: 655-001
Queensland Country Bank Limited
Head office’s address: 333 Ross River Road
Contact center: 1800 075 078
Phone: +61 7 4412 3526
Mail address: PO Box 679 Aitkenvale QLD 4814
Web-site: https://www.queenslandcountry.bank/
Swift code: QCCNAU41XXX
ABN: 77 087 651 027
BSB: 654 000