Early Bird Christmas Club Account

It's never too early to start planning for Christmas! Open a Christmas Club Account and enjoy a cash injection in November ready for your Christmas shopping. Your funds will be available from 1st November through to the 31st January to remove the temptation of spending prior to Christmas.

Earn  1.75% p.a.

Product Features:

Savings Accounts Features
Annual Fee : $0
Monthly Fee : $0
Funds Available : 1 November to 31 January
Minimum Amount : $1
Overdraft : No
Personal Cheque Facility : No
Branch Access : Yes
ATM/EFTPOS Access : No
Direct Entry (Credit/Debit) : Credit Only
Interest Calculation : Calculated daily, paid annually in November
  • Money can be credited automatically to any of these accounts directly from a payment forwarded to Geelong Bank.
  • You can split up your pay into different accounts to allow weekly/monthly regular payments to be paid or to credit funds into an account that you are using to save money.
  • You can access these accounts though our Direct Access 24hr phone banking service and the internet banking service 7 days a week 24 hrs a day between November 1 and January 31.
  • At account opening you must also have a Geelong Bank at call transaction account.
  • Access by Internet/Phone only for viewing only.
  • Deposits: Funds may be transferred into the Christmas Club Account.
  • Withdrawals: Funds are at call between the 1st November and 31st January.  One withdrawal is permitted without penalty for the remainder of the year. 
  • Direct Credits: Funds may be electronically transferred into this account on a regular basis.


Read our most frequently asked questions below or view all our FAQs.

Geelong Bank is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. Part of the membership process is to open an account.

The Financial Claims Scheme (FCS) is an Australian Government scheme that provides protection and quick access to deposits in banks, building societies and credit unions in the unlikely event that one of these financial institutions fails.

Under the FCS, certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).

The FCS can only come into effect if it is activated by the Australian Government when an institution fails. Once activated, the FCS will be administered by the Australian Prudential Regulation Authority (APRA).

In an FCS scenario, APRA would aim to pay the majority of customers their protected deposits under the Scheme within seven calendar days.


Documents & Forms


Christmas Club Account


Speak to a consultant today.


Open a Savings or Transaction Account.

Help me to save

I'd like to know more about


  • 1 Interest calculated daily and paid annually. Christmas Club funds are available 1st November to 31 January each year.