Holiday Club Savings
This year, you'll be ready for holiday spending without the January stress. Holiday Club Savings, also known as a Christmas club account, makes it easy to set money aside all year long. Just make regular deposits, and when the holidays roll around, your savings are ready. It's a simple, automatic way to give yourself the gift of less financial stress.
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What is a Holiday Club Savings account?
A Holiday Club Savings account, sometimes called a Christmas club account or Christmas savings account, is a seasonal savings account that helps you set money aside all year for the holidays. Make deposits whenever it works for you, and your balance releases automatically on November 1, right in time for holiday shopping, travel, and celebrations.
- Earn up to 0.20% APY¹
- No minimum balance
- Savings automatically made available November 1
- Dividends posted annually on October 31¹
- Federally insured by NCUA up to $250,000 per depositor
- 24/7 access through Digital Banking
Why open a Holiday Club Savings account?
A holiday savings account is more than a place to park your money. It's a plan to walk into the holidays feeling prepared instead of stretched. Here's why members love it:
- Save all year for holiday gifts, travel, and seasonal spending
- Keep holiday money separate from your everyday spending
- Start where you are, with no minimum balance to open
- Earn dividends while you save
- Enjoy the peace of mind of NCUA-insured savings
Holiday Club Savings vs. a Regular Savings account: What's the difference?
Both accounts give you a safe place to save and earn dividends, but they're built for different goals. Here's how a holiday club savings account (a Christmas club savings account) compares to an everyday Regular Savings account:
|
01 Money Market Col 1
|
Holiday Club Savings
|
Regular Savings
|
|---|---|---|
| Best for |
Saving for the holidays, seasonal spending, and gifts |
Everyday savings and any long- or short-term goal |
| Access to funds |
Balance automatically released November 1 |
Any time, through Digital Banking or in branch |
| Structure |
Seasonal, a save-all-year, release-once approach |
Flexible, always-available savings |
| Early withdrawal |
Withdrawal fee applies if funds are withdrawn before November 1 |
No seasonal withdrawal fee |
| Deposit insurance |
NCUA-insured up to $250,000 |
NCUA-insured up to $250,000 |
| Earnings |
Dividends posted annually on October 31¹ |
Dividends paid on qualifying balances |
The seasonal structure is exactly what makes a Christmas savings club work. Because your money releases automatically on November 1, you're far less tempted to dip into it early, so it's there when the holidays arrive.
How a Holiday Club Savings account works:
A few simple steps to a stress-free holiday season.
Open your account in Digital Banking, by phone, or at any branch, with no minimum balance
Save all year with regular deposits on your own schedule, or set up automatic transfers
Earn dividends all year, posted annually on October 31¹
Your funds release automatically on November 1 — ready when you need them
Estimate your holiday savings goal.
Whether you're saving for gifts, travel, or a big family gathering, a little each month adds up. Set your holiday savings goal and see how much to set aside to reach it in time. Your monthly deposit, timeline, and rate of return all play a part in when you'll hit your goal.
Ready to make this your most prepared holiday season yet?
Open your Holiday Club Savings account today. Whether you're saving a little or a lot, we're here to help you get started so the holidays feel merry, not stressful.
Frequently Asked Questions
A Christmas club account (Advia calls ours Holiday Club Savings) is a seasonal savings account that helps you set money aside throughout the year for holiday expenses. You make deposits whenever it suits you, and your balance is automatically released on November 1, right in time for the holidays. It's a simple way to spread out holiday costs instead of facing them all at once.
The easiest way to save for the holidays is to make it automatic. Set up recurring deposits from your paycheck or another Advia account into your Holiday Club Savings, and let it build all year. Because your funds release on November 1, you'll have your holiday budget ready without scrambling in December.
Your balance is automatically transferred to your designated Advia Checking or Savings account on November 1. If you withdraw funds before then, a withdrawal fee applies, so the account is designed to help you keep your holiday savings on track all year.
No. There's no minimum balance to open a Holiday Club Savings account, and you can deposit as much or as little as you like on your own schedule. Save at your own pace, whether that's a few dollars at a time or larger amounts throughout the year.
You can open a Holiday Club Savings account online through Digital Banking, over the phone at 844.238.4228, or at any Advia branch. You'll need a government-issued ID and your Social Security number to get started, and most accounts can be opened in about 10 minutes.
More ways to save.
Advia offers savings accounts for every goal. Explore your options:
- Money Market Savings — Earn progressive rates that grow as your balance does, with monthly interest and a $1,000 minimum balance
- Secondary Savings — Open dedicated accounts for specific goals like vacations, emergencies, or large purchases
- UTMA Savings — Save for a child's education or future with no limit on contributions
- Non-Interest Savings — A basic savings account with 24/7 Digital Banking access and no minimum balance
Have questions about opening a Holiday Club Savings account? We're here to help.
- Dividends will be compounded and credited annually. For example, the beginning date of the first dividend period of the calendar year is November 1, and the ending date of such a dividend period is October 31. The dividend declaration date is the last day of the dividend period and for the example above is October 31. The balance of Holiday Club is transferred automatically to the designated Checking Or Savings Account on November 1. If an account is closed before dividends are credited, accrued dividends will not be paid. Subject to withdrawal fee if balance is withdrawn before November 1.