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Christmas time can be expensive. This account helps meet the demands of the holiday season by locking your money away and allowing it to gain interest, with you only able to access it between 1st November and 31st January. There are no account keeping fees, so your balance can be completely devoted to your Christmas savings.
0.01% p.a.
Maximum variable rate
0.01%p.a.
Base interest rate
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Product Name | Hume Bank Christmas Club Account - Discontinued |
---|---|
Maximum Variable Rate | 0.01% p.a. |
Standard Variable Rate | 0.01% |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $1 |
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.
Interest on your balance is calculated daily and paid annually on 31 October before your Christmas spending begins, just when you need it most!
No monthly access fees eating away at your savings.
If you're already a member of Hume Bank you can apply online for this account. If you are not a member, you will need to visit a local branch with ID such as a drivers licence or passport in order to apply for this account.