Horizon Christmas Club Summary
Description
Christmas is an expensive time of year. Start budgeting early and be prepared with a Christmas Club account. Funds are available for withdrawal from 1 November to 31 January each year.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Applicants must be at least 13.
On this page
Details
Key details
| Product name | Horizon Christmas Club |
|---|---|
| Maximum variable rate | 2.25% p.a. |
| Ongoing interest rate | 2.25% p.a. |
| Base interest rate | 2.25% p.a. |
| Minimum age | 13 years |
Source: noren.com.au
All comparison details
| Base | 2.25% |
|---|---|
| Ongoing | 2.25% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 13 |
| 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: 2.25% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 2.25% | Whole balance | All balances |
Source: noren.com.au
Share/Export
Requirements
- No regular monthly account-keeping fee or advertised introductory offer on this account. Other service charges apply, including an inactive-account annual charge, see the current fees schedule.
- Interest is calculated daily on the whole balance. No compulsory linked transaction account has been established by the reviewed terms.
- Interest is credited annually on 31 October, correcting the source monthly-payment field. Funds are available only from 1 November through 31 January, this is a seasonal access restriction, not an invented monthly withdrawal count.
- No monthly deposit, growth or purchase interest qualification. No ordinary early-withdrawal right outside the seasonal window is asserted.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Horizon.
- Personal Australian citizen or Australian resident, subject to identity and tax-residency checks. Membership requires a refundable $2 share, it is not a monthly fee.
- Minimum age 13 under the current Christmas Club TMD.
More from Horizon
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 and verified on 31 Oct 2026.