Hume Bank Christmas Club Account

Last updated:  

Earn 0.01% interest on your balance, with the money accessible at Christmas time.

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.

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 NameHume Bank Christmas Club Account
Maximum Variable Rate0.01% p.a.
Standard Variable Rate0.01%
Monthly Account Fee$0
Minimum Opening Deposit$1

Key features

No monthly access fees eating away at your savings.


How to apply

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.

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

Interest on your balance is calculated daily and paid annually on 31 October before your Christmas spending begins, just when you need it most!

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