Community First Santa Saver Summary
Description
A savings account that helps you save for Christmas throughout the year and stops you dipping in to your savings by only allowing access to funds between 1 November and 31 January each year.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $30,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Community First Santa Saver |
|---|---|
| Maximum variable rate | 5.10% p.a. |
| Ongoing interest rate | 5.10% p.a. |
| Base interest rate | 5.10% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 5.10% |
|---|---|
| Ongoing | 5.10% |
| Ongoing cap | $30K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| 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: 5.10% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.10% | This band only | First $30k |
| Standard variable | 0.00% | This band only | Over $30k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Variable interest calculated daily. No minimum opening deposit or separate introductory offer. $0 ordinary monthly account fee, service, inactivity and dormancy charges may apply under the current schedule.
- No mandatory monthly deposits, growth or purchases. Interest is paid annually on the last day of October. Eligible interest-bearing portions are capped at $30,000, excess portions earn nil.
- Normal access is restricted to 1 November–31 January. Emergency withdrawals from 1 February–31 October incur a $20 early-withdrawal fee and may close the account. No invented monthly withdrawal-count limit, seasonal access is a separate restriction.
- No debit card. One Santa Saver account per member. Optional staff-assisted or other service fees can apply.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Community First.
- Reviewed personal AUD savings scenario. Community First Bank membership, subscription for a member share and identity checks are required. The CommFCU source is separate from the Easy Street brand despite the shared issuer.
- Personal members, the reviewed Santa Saver TMD and account summary specify no universal numeric minimum age.
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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 28 Oct 2026.