Bank AustraliaChristmas Saver
A savings account which allows unlimited withdrawals between 1 November - 31 January and pays interest on the money you deposit during the year.
At a glance
- Base rate
- 2.25%
- Monthly fee
- $0
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| No bonus conditionsPaid whatever you deposit or spend | 2.25% | 4.80%MoveBank's Online Saver | 2.25%of 61 institutions | 30th highest of 61, level with 2 others |
Rates
The one rate Bank Australia publishes for this account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableFunds available from 1 November. Interest calculated daily on whole of balance and credited on 30 November. | - | - | - | 2.25% | - | paid at maturity; paid every 1 yr |
Fees
16 fees published, grouped by when they're charged.
While you hold it2
- Dormancy Fee
Administration fee where account has been transferred to dormancy status.
$10 a year - Monthly Fee
A flat fee payable on the last day of each month.
No fee
When you make a transaction6
- Inwards Payment fee
International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction.
No fee - Online international payment in foreign currency
This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer.
$10 - Staff assisted international payment in AUD
This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer.
$30 - International transaction fee (ITF)
When you undertake an International transaction on a Bank Australia Visa Debit Card you will be charged the fee. An International transaction is any purchase, withdrawal or credit in a currency other…
3.00% of transaction - Same day funds transfers within Australia fee (RTGS)
This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per tra…
$20 - Staff assisted international payment in foreign currency
This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer.
$30
If a payment is late or fails1
- Dishonour Fee
A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account.
No fee
When particular things happen7
- Certificates supplied by the bank
A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour.
$5 - Debit interest charge rate
Additional interest charged on overdrawn account.
12.39% of transaction - Duplicate statement fee
$5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and…
$5 - Exceeding available funds fee
A fee charged when you exceed the actual balance or authorised limit of your savings account, transaction account, or overdraft facility greater than $100 payable on the day the event occurs or next…
No fee - Security token fee
When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token.
$50 - SMS alert fee
This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS.
$0.25 - Staff assisted withdrawal fee
A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided.
No fee
Features
- Round Up: When you make a transaction with your Visa debit card, you can decide whether you want the amount will be rounded to the nearest whole dollar amount, with the round up being credited from y…
Eligibility and limits
- Minimum age 13
- Residency: AU
- Available to individuals
- Personal, Joint and Trust
- Funds locked betweeen 1 February and 31 October each year. Interest calculated daily on whole of balance and credited on 30 November.
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Published by Bank Australia under the Consumer Data Right, last changed by them on 24 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.