The Finance Algorithm
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Christmas Club

Lock away your savings to relax and enjoy the festive season

Savings & transaction accountsBank updated 15 Oct 2026

At a glance

Base rate
2.65%

Rates

The one rate QBANK publishes for this account.

TypeApplies toTermBandRateComparisonConditions
Variable---2.65%-paid every 1 mo

Rate changes

One change logged, newest first.

DateRateWasNowChange
16 Oct 2026Variable2.40%2.65%up 0.25

Each change is logged the night it appears in the rates QBANK publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

While you hold it1

  • DORMANCY

    Charge $10 every 6 months

    $20

When you make a transaction2

  • CHRISTMAS_CLUB_WITHDRAWAL_FEE

    Charged on all withdrawals and transfers from the account between 1 January and 31 October.

    $5
  • RECALL_OF_TELEGRAPHIC_TRANSFER_(WITHIN_AUSTRALIA_&_OVERSEAS)
    $35

When particular things happen2

  • RECALL_OF_BPAY
    $12
  • RECALL_OF_EXTERNAL_TRANSFER

    Includes NPP and OSKO transactions to other financial institutions

    $40

Features

Instant paymentsPayIDUnlimited transactions

Eligibility and limits

  • You must be a member. Membership is open to current or former employees of police, ambulance, firies, health workers, emergency services, correctional services and government employees as well as the…

Published by QBANK under the Consumer Data Right, last changed by them on 15 Oct 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.