Christmas Club
A personal Christmas savings account with daily interest paid annually and normal access from 15 November to 15 February.
On this page
Details
| Field | Value |
|---|---|
| Base | 0.55% |
| Ongoing | 0.55% |
| 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 | 0.55% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Christmas Club.
- Interest is calculated on the daily balance and credited annually on 30 November, or when the account is closed.
- No recurring deposit-count, qualifying deposit-dollar, balance-growth, card-purchase or withdrawal-count interest test is established. No introductory offer. No minimum ongoing balance is required.
- Transaction and general service fees may apply. The member-rewards program can offset eligible transaction fees, it is separate from interest qualification.
- Normal access is through branch or digital banking from 15 November through 15 February each year. Funds are available on written instructions to staff. This is seasonal access, not a monthly withdrawal-count interest condition or a fixed rolling notice period.
- Early withdrawals may be approved in special circumstances after a written request. Approval is not guaranteed. Applicable staff-assisted cash withdrawals and transfers are separately charged under the tariff. No special fixed early-withdrawal penalty is independently established.
- No monthly account fee under the current product page. Known transaction and service charges are separate from that fee.
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 | 0.55% | 0.55% | - |
Source: noren.com.au
Eligibility
- Personal customers only, subject to Central Murray Bank membership, shareholding and identity checks. A residential address and tax-residency declaration are required. No universal citizenship, residency restriction or numeric minimum account age is established by the reviewed documents, confirm eligibility directly with the bank.
- Current terms distinguish share refunds for memberships opened before November 2025. No share price or universal refund promise is inferred for new members. Confirm the current subscription terms with the bank.
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.