Savings accounts

Christmas Cracker

Variable interest rate paid on the minimum monthly balance up to $1 million (from 1 April 2024 variable interest will be paid on the daily balance up to $100,000:

5.00% p.a. 1

Access your savings from 1 November to 31 January each year without penalty.

Features and benefits


You can't access your money outside the silly season so you aren't tempted to spend it on something else.


Set up a regular savings plan and be rewarded with interest calculated on the minimum monthly balance and paid on the last day of October annually.


It's easy to keep track of your balances and savings goals with alerts and our mobile app.


Regular deposits

There's no requirement to save every month, plus there are no monthly fees.


When you can spend

Access your money between 1 November to 31 January.


Starting deposit

You can start with nothing and build from there. Maximum of one account per member for new accounts opened from 1 April 2024. 


Emergency access

A fee applies if you need to access your savings between 1 February to 31 October each year.

How to apply

You can apply online, over the phone or at one of our financial services stores.

Need to access your money?

If you have an emergency and need to access your money between 1 February and 31 October each year, a $20 fee will apply.

Fees and charges

You may be charged a fee for things like accessing your money from 1 February to 31 October. Refer to our fees and charges schedule for our full list of fees and charges.

You can view Target Market Determinations here

1 Rates are current as at 01/02/24 and subject to change without notice. Early withdrawal will incur a fee(s) and may result in the closure of the account.

Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170