Geelong Bank Christmas Club Account

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Christmas Club Account is a savings account from Geelong Bank. It pays 3.75% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

The feed states a minimum balance of $1.

Conditions

• not updated by the bank since 2026-10-14, 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
• you must also hold a Geelong Bank at-call transaction account when you open it
• funds can only be withdrawn from 1 November to 31 January; one withdrawal a year outside that window is allowed without penalty

Features

app

yes

Osko

yes

PayID

yes

notifications

yes

Other features, in the bank's words:

• Your funds are only available from the 1 November to 31 January to remove the temptation of spending prior to Christmas
• No monthly access fee.
• One free transaction is permitted outside the available period
• eStatements available

Fees, limits and who can open it

monthly fee

no monthly fee stated

minimum balance

$1

interest paid

annually

interest calculated

daily

open to

personal customers

christmas club

a Christmas club account: withdrawals are restricted for most of the year

linked account

a linked transaction account with the same bank is required

Who can open it, in the bank's own words:

• You must be a member and resident of Australia
• residency: Individuals must be citizens or permanent residents of Australia.

About this account

A Christmas Club account is a great way to save for Christmas

Data

• Geelong Bank'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 22 October 2026.
• How often interest is paid comes from the bank's own page, not its product data, checked on 1 November 2026: "Interest calculated daily and paid annually."
• We read the bank's own page and terms against this page on 1 November 2026: early-bird-christmas-club-account, interest-rates-14-oct-2026.pdf, deposit-account-interest-rates, fees-and-charges-20-may-2026.pdf, accounts-access-facilities-01-may-2026.pdf, why-join-geelong-bank; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/geelong-bank.json: this bank's accounts and every balance band as JSON; Geelong Bank's page lists them.
• The bank last updated this record on 14 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 Geelong Bank

• Achieve Saverstale savings account, 2.82% conditional at $50,000
• Affinity Savers savings account, 4.18% base at $50,000
• iSaverstale savings account, 2.96% conditional at $50,000
• Online Saver Accountstale savings account, 1.75% base at $50,000
• Senior Saversstale savings account, 1.63% base at $50,000
• Superfund Maximiserstale savings account, 4.45% base at $50,000
• Young Achiever Savingsstale savings account, 3.35% conditional at $50,000
• Redi-Access Accountstale transaction account, 0.00% base at $50,000
• Total Access Accountstale transaction account

All of Geelong Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.