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Christmas Saver

Variable interest rate

How to save sustainably each payday and feel more on top of the merry season.

Savings for the season

Finder Green Awards 2023
Green Bank of the Year
Learn more
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Earn up to

Variable rate
No monthly fees
Terms and conditions apply
Effective 18 December 2023
See rates and fees
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Why us?

The guarantee

Savings are protected by the Australian Government guarantee on combined deposits up to $250,000.

Who it's for

  • People aged 13+
  • Single and joint account holders
  • People living in Australia as a permanent resident or with a relevant work visa

Is this product right for you? Find out more

What you get

"I've been with Bank Australia for a couple of months now and love the products. Easy to use app, and great ethical and environmental actions"
Mae from VIC

No monthly fees

You pay no monthly fees. Your savings are all yours as you work your way towards Christmas.

Out of sight

To keep you on track, your account is locked for saving until 1 November. It stays open until 31 January.

Emergency access

No worries if you need your money before 1 November, you can access it by contacting us. A $2.50 fee applies.

More than one

Feel free to set up more than one Christmas Saver if you’ve got different groups you’re buying pressies for.

Best-in-class security

Know your money is safe with card controls, security alerts and more.

Instant transfers

Over the festive season, you can move money instantly in the app or internet banking.

Join the clean money revolution

Contact us on 132 888 or enquire below to open a Christmas Saver account.


Current interest rates

Effective 18 December 2023
Interest (p.a.)
Any balance

Funds Available from 1 November. Interest calculated daily on whole of balance and credited on 30 November.

Fees and charges

Here's what to expect with our Christmas Saver:

We’ll waive the staff-assisted withdrawal fees if you:

Exceeding available funds fee
$10 plus Debit interest charge rate
Debit interest charge rate
Dishonour fee
Staff assisted withdrawal fee
$2.50 (unless waived as listed above)

It pays to know. Read the Product Disclosure Document and and see all rates and fees before deciding if this account is right for you.

Money, People & Planet

See more at the Bank Australia blog
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Important information

General advice

Information provided is of a general nature only. In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents below and Target Market Determination before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable as outlined below.

Product disclosure documents

Account Access facility conditions of use

Fees, Charges and Transaction Limits

Summary of accounts

Savings accounts Target Market Determination