finder.com.au

AWA Alliance Bank Christmas Club Account

Alison Banney
Alison Banney
Last updated:  

Reduce the stress and financial pressure of the festive season with a Christmas Club Account from AWA Alliance Bank.

Christmas may be the most magical time of year but it can also be the most expensive. To help take the financial stress out of the festive season, you can open a Christmas Club Account with AWA Alliance Bank. This special-purpose savings account allows you to put money aside throughout the year and earn 0.15% p.a. interest on your balance.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product NameAWA Alliance Bank Christmas Club Account
Maximum Variable Rate0.15% p.a.
Standard Variable Rate0.15%
Monthly Account Fee$0
Minimum Opening Deposit$0

Key features

Interest rate of 0.15%

The AWA Alliance Bank Christmas Club Account pays a variable interest rate of 0.15% p.a. on your account balance. Note this is a variable rate and can change at any time according to the official cash rate.

Interest calculated daily

Interest is calculated on your daily balance and credited to your account on November 30 each year.

Launch savings calculator

How to apply

If you think the AWA Alliance Bank Christmas Club Account could be the perfect account to help you reduce the financial stress of the holiday season, click one of the "Apply now" links on this page. This will securely redirect you to the AWA Alliance Bank website where you can read full details about the account and find more information on how to apply.

Application options

  • In person. Visit your nearest AWA Alliance Bank for personalised, face-to-face advice about how to open a Christmas Club Account. There are branches in Geelong and Portland in Victoria, or Mandurah in Western Australia.
  • Online. Complete an online enquiry form with your full name, phone number and email address, preferred contact time and information about your account needs.

Expert review

Alison Banney

Review by

Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

You can only withdraw funds from the account between 1 November and 31 December each year which remove any temptation to dip into your savings and spend all your money before the holidays arrive.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site