The Finance Algorithm
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Santa Saver Account

Christmas Is Always Just Around The Corner. Fun, Festivity And Gifts All Come At A Price. Time To Start Saving. Broken Hill Bank Can Help Prepare With A Santa Saver Account.

Savings & transaction accountsBank updated 11 June 2026

At a glance

Base rate
1.75%

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.

This account: 1.75%Every other institution's highest, 60 in all

Paid whatever you deposit or spend. One dot per institution, at its highest savings rate with no bonus conditions anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
No bonus conditionsPaid whatever you deposit or spend1.75%4.80%MoveBank's Online Saver2.25%of 61 institutions37th highest of 61, level with one other

Rates

The one rate Broken Hill Bank publishes for this account.

TypeApplies toTermBandRateComparisonConditions
Variable---1.75%-paid every 1 mo

Fees

2 fees published, grouped by when they're charged.

While you hold it1

  • Dormant Account Admin Fee
    $5 a month

When you make a transaction1

  • Early Redemption Fee
    $25

Features

Digital bankingUnlimited transactions"Relationship Rewards"
  • No Monthly Account Keeping Fees

Eligibility and limits

  • Residency: Australian Citizens Or Permanent Residents

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 11 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.