Christmas Club Account

Save a little all year for a Big Christmas Bonus!

Don't let your money worries dampen your Christmas Spirit!

Christmas - the season for giving, entertaining, going on holidays, sending Christmas cards, wrapping presents, decorating… is there any wonder that your New Year's Resolution each year is to Save Money for next Christmas?

The Greater Building Society can help you save for the merriest of Christmases, with a savings account designed specifically to help you save for when you need it most.

We can arrange a set amount to be transferred directly from your pay into your Christmas Club account each week. On the 1st of November, the balance will automatically be transferred back into a savings account nominated by you. You will continue to earn interest, and at the same time have easy access to your funds so that you can commence your Christmas splurge!

Open your Christmas Club Account at your local branch today and start saving for a merrier Christmas!

Key Features and Benefits

  • A set amount can be transferred directly from your pay into your Christmas Club Account each week
  • On the 1st of November, the balance will automatically be transferred back into a savings account nominated by you
  • Free Internet and Phone Banking
  • Christmas Club is a deposit only account, which relieves you of the temptation to indulge in any hasty mid-year spending sprees.

Features Checklist

Interest rate
Current Interest Rate 0.50% p.a.
View interest rate schedule
Interest Frequency Calculated daily, paid 31 Oct, 31 Dec
Account Features
Access to funds
  • Deposits can be made via Easypay
  • Internet Banking
  • Phone Banking
Transaction record Passbook only
Minimum opening balance $1.00
Fees & Charges
Monthly Account Keeping Fees Nil
Transaction Fees
Monthly fee Nil
Other Features and benefits
Free Internet Banking Yes
Free Phone Banking Yes
BPAY® No
Greater VISA debit No

 

View our Terms and Conditions.