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Bank Australia Christmas Saver Account

With the Christmas Saver Account from Bank Australia you can rest assured knowing that everyone on your list will have a stocking full of treats.

Start saving in February and with a competitive interest rate from Bank Australia, you won’t need a credit card to make your holiday purchases. The Christmas Saver Account is structured to encourage you to save by keeping your shopping money locked away until the end of October when the holiday season gets underway.

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0.2% p.a.

Maximum variable rate


Base interest rate

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Product NameBank Australia Christmas Saver Account
Maximum Variable Rate0.2% p.a.
Standard Variable Rate0.20%
Monthly Account Fee$0
Minimum Opening Deposit$0
Minimum Age18

Key features

Minimum ongoing balance

There is no minimum balance that you are required to meet with this account.

Interest rates

Your balance is earning a competitive rate of interest to help further your Christmas goals.

How to apply


If you like the features that the Bank Australia Christmas Saver Account provides for you and are already a Bank Australia customer you can apply online with internet banking. If you are not yet a member of Bank Australia you will need to fill out a member application first, which you can access by visiting Bank Australia website. Check that you are able to meet the following eligibility requirements first before proceeding to the application:

  • Minimum age. In order to complete the application online you will need to be at least 18 years of age.
  • Residency requirements. Members and account holders must be Australian residents with a residential address in Australia.

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