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Hume Bank Christmas Club Account

Alison Banney
Alison Banney
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.

0.01% p.a.

Maximum variable rate

0.01% p.a.

Base interest rate

$1

Minimum opening balance

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Details

Product NameHume Bank Christmas Club Account - DISCONTINUED
Maximum Variable Rate0.01% p.a.
Standard Variable Rate0.01%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$1

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!

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.

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