Our branches will be open throughout the Summer break and closed on Christmas Day (25 Dec), Boxing Day (26 Jan) and New Years Day (1 Jan). Normal trading resumes on Thursday 2 January. Click here for more information.

Our team are here to help. Call us on 1800 694 628 during branch hours, send us a message or visit us in branch.

Login

Christmas Saver Account

  • Home
  • Banking
  • Savings accounts
  • Christmas Saver Account

Spread your Christmas savings over the whole year.

Interest is calculated on daily balance and is credited to the account on the 15th of November each year.

These funds are then transferred to your nominated Transactions Account, and you can withdraw the funds from that account at any time.

Deposits are accepted for any amount, and can be deposited as frequently as you wish.

1.10 % p.a.

Features & benefits

  • Competitive interest rate

    We help you save for Christmas ahead of time, so you can relax into the festive season

  • Safe and secure

    Combined balances of up to $250,000 per account holder are guaranteed and secured by the Australian Government.

  • Flexibility

    Deposit as little or as often as you like, with interest earned on any deposit $1 and over

Product Features:

Savings & Transaction Account Features
Minimum opening balance : $1
Internet External Transactions : $500
Internet International Transactions : $2500
ATM : n/a
Funds available at call : Yes
Branch Access : Yes
VISA Card : No
Internet Banking : Yes
Direct Entry Credits : Yes
Direct Entry Debits : No
Periodical Payments : No
Quick Debits : Yes
Payroll Allocation : Yes
Interest Calculation : Daily Balance
Interest Method : Flat Rate
Interest Payment Frequency : 15 November
Christmas Saver Account  Interest rate 
$1 and over  1.10% p.a.
Feature Benefit
In branch withdrawals  $4 
Electronic withdrawals Free

Saving's now as easy as spending.

Explore our Savings and Term Deposit accounts - they work hard so you don’t have to.

Bank & save calculators

Wondering how much you can borrow? Or what you repayments will be each month? Our bank & save calculators can crunch the numbers for you.

Object reference not set to an instance of an object.

We're here to help

Banking, loans, insurance and more - get in touch with us.

  • 1 Balance disbursed in November, or available using Internet Banking 15 November to 31 December. Variable Interest. Calculated on Daily Balance. Interest paid annually. Refer to Conditions of Use for full details.
  • 2 A higher limit is available by application for members who have registered to receive SMS One Time Passwords.
  • 3 Funds will be disbursed by 15 November annually. You may nominate one of the following annual disbursal instructions. Transfer funds into another GMCU account; or retain funds in the Christmas Saver (S4), and withdraw the funds using Internet Banking until 31 December. If you do not nominate an annual disbursal instruction, your funds will be retained in the Christmas Saver (S4).
  • 4 Funds transfer is only available between 15 November and 31 December

Borrowing

Home loans
Personal loans
Business and Commercial Loans

Everyday Banking

Transaction accounts
Savings accounts
Term deposits
International services

Help

Internet Banking
FAQs
Payments
Security

Tools

Calculators
Rates & fees
Contact us
Blogs

Follow us

  

© 2024 by Goulburn Murray Credit Union Cooperative Ltd. All rights reserved. ABN 87 087 651 509 AFSL/Australian Credit Licence Number 241364 | BSB 803 078
App store  Google play
Aboriginal flag  Torres straight island flag
We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which GMCU operates and where our team members reside.