IMB Bank
Christmas Club Account
Enjoy a hassle free Christmas with the IMB Christmas Club Account. Earn bonus interest for regular saving then access your savings in November and December to pay for Christmas.
Savings & transaction accountsBank updated 22 Sept 2026
At a glance
- Bonus rate
- 3.25%
- Up to
- 3.25%
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | — | — | — | 3.25% | — | paid every 1 yr; If there are any withdrawals between January 1 and October 31 the account will be closed and the bonus forfeited. |
§ 02 — Fees · 24
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Bulk coin count | Deposit | $5 | — | Maximum charge |
| Foreign cheque conversion (value AU$10,000 and greater) | Deposit | $50 | — | Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties |
| Foreign cheque conversion (value less than AU$10,000) | Deposit | $25 | — | Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties |
| Manual deposit other institution | Deposit | $10 | — | — |
| Audit Certificate | Event | $30 | — | Per certificate |
| Copy of Financial Institution cheque | Event | $16 | — | Maximum charge. Charges either wholly or partly imposed by third parties. |
| Copy of withdrawal or deposit form | Event | $15 | — | — |
| Default fee | Event | $25 | — | When your savings account is overdrawn for 20 days, a Default fee will be debited from your account on the 20th day and a further Default fee debited each month thereafter while your account remains… |
| Default Notice fee | Event | $30 | — | A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding… |
| Interest statement - Electronic | Event | $2.50 | — | Per page |
| Recalculation of interest | Event | $30 | — | Per page |
| Research fee | Event | $30 | — | Per page |
| Retrieval of archived documents | Event | $20 | — | Per page |
| SMS Alerts | Event | $0.25 | — | Per alert |
| Special clearance on cheques | Event | $16 | — | Maximum charge. Charges either wholly or partly imposed by third parties. |
| Stop payment fee (IMB cheques) | Event | $12.50 | — | Maximum charge. Charges either wholly or partly imposed by third parties. |
| Trace on Electronic Debit/Credit | Event | $20 | — | — |
| Trace on Financial Institution cheque | Event | $50 | — | Charges either wholly or partly imposed by third parties. |
| Transaction Listing - Electronic - 10 pages and over | Event | $0.50 | — | Per page |
| Transaction Listing - Electronic - up to 10 pages | Event | $5 | — | — |
| Transfers between accounts to cover overdrawn balance | Event | $15 | — | — |
| Unclaimed monies/dormant account | Event | $40 | — | Maximum charge per account |
| Purchase of foreign currency | Withdrawal | 1.00% of transaction | — | $10 or 1% of the value of the total order (whichever is greater). |
| Total cash withdrawal over $2,000 in a day | Withdrawal | 0.20% of transaction | — | A fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day. |
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protection
- · Direct Credit is available on this account type.
- · Receive Electronic Funds Transfers (EFT) to this account type.
- · IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
- · IMB's Phone Banking Service gives you 24 hour access to your accounts from any touchphone.
- · IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
§ 04 — Eligibility & limits
- · Available to individuals
- · Opening balance $1
§ 05 — Compare
§ 06 — Run the numbers
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Published by IMB Bank under the Consumer Data Right, last changed by them on 22 Sept 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.