Santa Saver
A Christmas savings account with an annual transfer to a nominated account and an early-access fee.
On this page
Details
| Field | Value |
|---|---|
| Base | 1.75% |
| Ongoing | 1.75% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.75% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Santa Saver.
- Interest is calculated daily and credited at the end of each month. No monthly account-keeping fee. Dormancy, special services and other applicable transaction charges remain separate.
- No recurring deposit-dollar, deposit-count, balance-growth or card-purchase interest qualification. No introductory interest offer is established.
- Funds are transferred to another nominated Broken Hill Bank account and become available on 1 November each year. Withdrawals from 1 November through 31 December have no early-access penalty.
- Withdrawals before 1 November are permitted with a $25 early-redemption fee under the current tariff. The seasonal rule is not a monthly withdrawal-count qualification or a fixed notice period.
- The account earns a flat variable rate, credited monthly. The annual transfer date does not mean interest is paid only once a year. Online access is for credits, with withdrawal arrangements governed by the seasonal account terms.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 31 Oct 2026 | 1.75% | 1.75% | - |
Source: noren.com.au
Eligibility
- Australian citizens or permanent residents living in Australia, subject to membership and identity checks. Both holders must be members for a joint account. No universal numeric minimum age is established for this reviewed product.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 29 Oct 2026.