Christmas Club Account
A convenient and rewarding way to get a head start on your festive savings. Gradually build up the funds you need to cover your Christmas celebrations and enjoy the added bonus of earning interest on your money as you go.
Key benefits
Plan your expenses
Prepare early by planning expenses for gifts, holidays and festive feasts.
Watch your savings grow
Deposits to a Christmas Club account can be made at any time, and withdrawals can be made between 1st November and 31st January to encourage saving for the silly season.
Earn interest
Interest is calculated daily and paid once a year on 31 October.
Finer details
| Description | Requirement |
|---|---|
| Account eligibility | No restrictions |
| Other products required | None |
| Minimum balance | $0.00 |
| 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 | 24/7 fast peer to peer payments. | Yes |
| In-store banking | Face to face service with a smile. | Yes |
| Internet banking | A convenient and secure online banking solution 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 |
| Description | Fee | Number of free transactions |
|---|---|---|
| Staff assisted withdrawal / deposit / transfers / future payment | $0.00 | N/A |
| EFTPOS transactions | N/A | N/A |
| Internet banking - BPAY / external transfer | $0.00 | N/A |
| Monthly fee | $0.00 | N/A |
| Interest calculated | Daily |
| Tiered interest rates | No |
| Bonus interest | No |
| Interest payment frequency | Annually 31 October |