Christmas Club Account – Start saving now!

We recognise that many people find Christmas a financial burden and prefer to save in advance rather than be left with large credit card repayments. This is why we offer you a simple, easy to manage savings plan.

The Christmas Club account has no minimum balance requirements and to help ensure these savings are available when you need it for Christmas, access is more restricted than the Personal Savings Account.

Features at a Glance

Minimum Balance

Nil

Interest Calculated

Daily

Tiered Interest Rates

Interest Credited

Annually (Oct)

Debit Interest

Monthly

Funds Availability

Nov-Jan

Statement

Yes

Cheque Facility

Overdraft Facility

ATM Access Card

Internet Banking

Yes - FREE¹

Phone Banking

Yes - Local call

Over Counter Deposits*

Yes²

Direct Credit/Debit

Yes³

Periodical Payments

BPAY

FREE Sub Accounts

Yes

1 For BCU & BCU Direct Members only. Telecommunications costs and Internet Service Provider charges will apply. Access is subject to system availability and server maintenance program.

2 Deposits any time, withdrawals in November to January only.

3 Direct credit only.

*As well as any Westpac branch using a BCU deposit book

Interest Rates

For full details of BCU's current interest rates click here (PDF format, requires Adobe Reader which can be downloaded for free.)