Christmas may be the most magical time of year but it can also be the most expensive. To help take the financial stress out of the festive season, you can open a Christmas Club Account with AWA Alliance Bank. This special-purpose savings account allows you to put money aside throughout the year and earn 0.8% p.a. interest on your balance.
AWA Alliance Bank Christmas Club Account
![AWA Alliance Bank Christmas Club Account](https://www.finder.com.au/global/images/providers/awa-alliance-logo-315.png)
- Maximum variable rate
- 0.80% p.a.
- Base interest rate
- 0.8%p.a.
- Minimum deposit
- $0
Our verdict
Reduce the stress and financial pressure of the festive season with a Christmas Club Account from AWA Alliance Bank.
You can only withdraw funds from the account between 1 November and 31 January each year which remove any temptation to dip into your savings and spend all your money before the holidays arrive.
Pros
-
Internet and phone banking is available
-
$0 account keeping fees
-
Minimum opening balance $0
Cons
-
No access to fund throughout the year
Details
Key details
Product Name | AWA Alliance Bank Christmas Club Account |
Maximum Variable Rate | 0.80% p.a. |
Standard Variable Rate | 0.80% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 18 |
Your reviews
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Alison Finder
Editor
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