Christmas Club Account
A convenient and rewarding way to get a head start on your festive savings. Gradually build up your funds over the year to withdraw between 1st November and 31st January to ensure you've got all your Christmas spending covered.
Benefits
Plan your expenses
Prepare early by planning expenses for gifts, holidays and festive feasts
Watch your savings grow
Deposits can be made throughout the year to help you save for the silly season
Earn interest
Interest is calculated daily and paid once a year on 31 October
All the details
| Feature | Description | Available |
|---|---|---|
| Visa Debit card | Easy access to your money online, over the phone and anywhere in the world where Visa is accepted. | No |
| BPAY | Pay your bills easily and securely. | Yes* |
| Direct debit | Set and forget automatic payment of your regular bills. | No |
| Osko | Send and receive money in near real time between participating banks. | Yes* |
| In-store banking | Face to face service with a smile. | Yes* |
| Internet banking | Convenient and secure access through bcu iBank is available 24/7. | Yes* |
| Mobile app | Manage your money on the go with the bcu Connect App straight from your phone. | Yes* |
| bcu alerts | Stay on top of your banking with alerts:
|
Yes |
* Deposits to a Christmas Club product can be made at any time. Withdrawals can only be made between 1st November and 31st January each year. Withdrawals outside of this period are available by approval only. bcu may close the product and transfer the funds to a more suitable product should regular access be needed.
| Description | Fee | Number of free transactions |
|---|---|---|
| Staff assisted withdrawal / deposit / transfers / future payment | $0.00 | Unlimited |
| EFTPOS transactions | N/A | N/A |
| Internet banking - BPAY / external transfer | $0.00 | Unlimited |
| Monthly fee | $0.00 | Unlimited |
View all fees and charges relating to Access and Savings accounts
| Interest calculated | Daily |
| Tiered interest rates | No |
| Bonus interest | No |
| Interest payment frequency | Annually 31 October |
| Savings and Transaction Account Interest Rate Schedule |
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Important information
Download Savings and Transaction Account Interest Rate Schedule
Download Schedule of Access, Fees and Charges