Christmas Club
A Christmas savings account with daily variable interest paid annually and a normal withdrawal period in November and December.
On this page
Details
| Field | Value |
|---|---|
| Base | 2.10% |
| Ongoing | 2.10% |
| 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 | - |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 2.10% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Christmas Club.
- Interest is calculated on the daily opening credit balance and paid annually on 30 June.
- No introductory offer is established. Membership requires a separate refundable $1 share. Other service and transaction charges may apply.
- The current rate page and product page establish annual payment, overriding the original CDR monthly payment code without changing source evidence.
- Normal withdrawals are from 1 November through 31 December. The August 2026 tariff charges $10 for each early withdrawal outside that period. This is a seasonal access rule, not a monthly withdrawal-count test or a fixed rolling notice period.
- The current summary and TMD provide branch access and electronic credits, without card, internet withdrawal, BPAY or direct-debit access. The summary lists a $1 opening deposit.
- An unconditional monthly account-keeping fee is not independently established and remains unknown. The early-withdrawal fee, paper-statement fee and dormant-account fee are separate charges. No monthly deposit, growth or purchase interest qualification is established. No numeric account-age boundary is established, WA competition age and residence rules do not define ordinary account eligibility.
Fees
| Fee | Amount | Details |
|---|---|---|
| No reviewed fees available. | ||
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 31 Oct 2026 | 2.10% | 2.10% | - |
Source: noren.com.au
Eligibility
- Membership is open to Woolworths and Endeavour Group team members, their immediate family members and people with an affinity to Woolworths, such as Everyday Rewards members and contractors. Affinity membership is subject to approval under the Constitution. Retired employees, continuing members and qualifying transferred or legacy members may also qualify. Existing membership continues after employment ends. Joining requires identity checks and one refundable $1 member share. Confirm eligibility with Woolworths Team Bank.
- This comparison covers personal savings use.
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.