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2021-11-30 2:45 pm
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Christmas Saver

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

Savings for the season

Finder Green Awards 2021
Green Bank of the Year
See all reviews

Earn up to

Variable rate
On balances up to $250,000
No monthly fees
Terms and conditions apply
Effective 25 February 2021
See rates and fees

Who it's for

  • People aged 13 to 100+
  • 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.

Round up to save more

Here’s how it works. When you buy something, you can choose to round up the amount to the nearest dollar, and the difference is sent to your savings account. Like putting coins (remember them?) in a jar – but the jar’s your savings account, earning you interest.

Read more
Above: Bank Australia App

Join the clean money revolution

Get started in less than 5 minutes – all you need is your driver’s licence or passport, and your Medicare card.


Fees and charges

Here's what to expect with our Christmas Saver:

  • Monthly fee $0
  • Staff-assisted transaction $2.50

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

The fine print

General advice warning: 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 before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable.

Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.