Broken Hill Santa Saver Summary
Description
A Christmas savings account with an annual transfer to a nominated account and an early-access fee.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Check the provider’s eligibility, linked-account terms and other service charges.
On this page
Details
Key details
| Product name | Broken Hill Santa Saver |
|---|---|
| Maximum variable rate | 1.75% p.a. |
| Ongoing interest rate | 1.75% p.a. |
| Base interest rate | 1.75% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| 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
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 1.75% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.75% | Whole balance | All balances |
Source: noren.com.au
Share/Export
Requirements
- 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
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Broken Hill.
- 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.
More from Broken Hill
Similar products
Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 29 Oct 2026.