Interest rates usually were relatively low, as the main incentive was to simply build a small nest egg.
Get Christmas Club Account Interest Rates Pics. Financial institutions will often charge penalties if you take out funds before the designated withdrawal period. Make your holiday shopping less stressful with a christmas club savings account.
Geismar Complex Federal Credit Union from gcfcu.net
Christmas clubs are one way to save for christmas. All member share accounts are federally insured up to $250,000 by the national any type of interest withdrawal will reduce earnings. Christmas club (membership criteria apply).
Heritage bank christmas club savings account features no monthly account keeping fees and your savings are only available between december and january.
Open your account online with a $5 minimum deposit. Interest penalty may apply for early withdrawal. Earn bonus interest for regular saving then access your savings in november and december to pay for christmas. At some banks, these accounts pay less than 1.
