Christmas Saver

Product Name

Christmas Saver


Bank Australia




Deposit/Savings account



Certified Since


Asset Classes




Investment Approaches

Negative Screening, Positive Screening

It Includes:

  • Riaa icons 10 Renewable energy and energy efficiency
  • Riaa icons 15 Social and sustainable infrastructure

It has some level of screening for:

    It fully excludes:

    • Riaa icons 56 Animal cruelty
    • Riaa icons 36 Armaments
    • Riaa icons 33 Fossil fuels
    • Riaa icons 42 Gambling
    • Riaa icons 35 Tobacco


    Bank Australia's deposit products are socially and environmentally responsible and still competitive relative to the major banks. For example, prospective lending customers are assessed by the bank to ensure they are able to assume their debt obligations without suffering financial hardship, the bank invests 4% of its after tax profits in projects with a positive social and environmental impact, the bank mitigates the social and environmental impacts of its operations and screens potential loans and investments for negative social and environmental effects, for example, excluding loans to the fossil fuel industry.


    By depositing funds with Bank Australia, customers are:

    1. Contributing to a pool of funds which is primarily sourced from other depositors in Bank Australia (an important part of the bank’s stable, customer-owned business model).
    2. Entrusting their deposit to a bank which is run in a responsible manner, for example, by:
      • Striving to ensure their money is lent (invested) in a socially and environmentally responsible way, by for example, not making any loans to the fossil fuel industry;
      • Returning profits to its customer/owners through competitive fees and interest rates;
      • Ensuring that its products are socially impactful and still competitive relative to the major banks; 
      • Allocating 4% of its profits to the Bank Australia Impact Fund, including in the Bank Australia Conservation Reserve;
      • Mitigating the environmental and social impacts of its operations; and
      • Creating and keeping jobs in Australia.

    Other products certified by the Responsible Investment Association Australasia (RIAA)

    Bank Australia Basic Home Loan

    Bank Australia Bridging Loan

    Bank Australia Line of Credit

    Bank Australia Premium Home Loan

    Bank Australia Premium Package Loan

    Bank Australia Term Deposit

    Basic Account

    Bonus Saver

    Commercial Access

    Commercial Saver

    Community Access

    Everyday Access

    Everyday Access (additional)

    Online Saver

    Pension Access


    Sign up to learn more and get updates on ethical and responsible investing