Bank First Christmas Club Account
savings accountchristmas clubstaleterms checked
Christmas Club Account is a savings account from Bank First. It pays 3.60% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0+ | 3.60% |
One rate on every balance, with no upper limit.
Conditions
- not updated by the bank since 2026-10-15, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- a Christmas club account: withdrawals are restricted for most of the year
- the whole balance is transferred out to your transaction account on the first business day of December
Features
- app
- yes
- PayID
- yes
Other features, in the bank's words:
- Phone banking is available, balance enquiries only
- Funds are available for withdrawal from the first business day in November to the end of December. On the first business day in December the balance of the account plus interest will be credited to the Transaction Account. One withdrawal per quarter is permitted. Any further withdrawals may result in the closure of the account and the balance of funds being transferred to your Transaction Account
- Other service related charges apply based on your circumstances
Fees, limits and who can open it
- monthly fee
- $0
- interest paid
- quarterly
- interest calculated
- daily
- open to
- personal customers
- christmas club
- a Christmas club account: withdrawals are restricted for most of the year
Who can open it, in the bank's own words:
- Available to members only.
About this account
Savings Account
Data
- Bank First's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 27 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: christmas-club, tc_part_a, tc_part_b, part-c; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/bank-first.json: this bank's accounts and every balance band as JSON; Bank First's page lists them.- The bank last updated this record on 15 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Bank First
- Bonus Saver Accountstale savings account, 5.25% conditional at $50,000
- First Access Accountstale savings account, 2.20% base at $50,000
- First Home Bonus Saver Accountstale savings account, 5.30% conditional at $50,000
- First Saver Accountstale savings account, 4.65% base at $50,000
- Online Saver Accountstale savings account, 4.05% base at $50,000
- Pension Accountstale savings account, 3.65% base at $50,000
- Preschool Day to Day Accountstale savings account, 0.05% base at $50,000
- Preschool Fundraising Accountstale savings account, 4.40% base at $50,000
- Preschool Savings Accountstale savings account, 4.55% base at $50,000
- School Everyday Accountstale savings account, 2.65% base at $50,000
- Strong Start Saverstale savings account, 5.65% base at $50,000
- Everyday Accountstale transaction account, 0.00% base at $50,000
All of Bank First's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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