Start saving today to make your next Christmas really special
Christmas Savings Account
Christmas and the festive season can stretch most people’s budgets, so we have developed our Christmas Savings Account to help members save throughout the year. You can deposit up to £500 a month* with the option to change the amount you save or stop saving at any time.
To encourage you to keep your savings until Christmas, free withdrawals are only permitted in November and December each year. However, if you do need access to your funds, you can make a withdrawal at any time subject to a £5 fee.
Save from £5 to £500 each month* by Direct Debit or from your salary (if you work for one of our Employer Partners)
Make free online withdrawals 24 hours a day during November and December
Savings may earn an annual dividend (not guaranteed)
*£500 is the total amount per month that you can save across all your credit union savings accounts. To be eligible for our Christmas Savings Account you must already be a member and maintain a regular savings account.
Please check first that you are eligible to apply:
You are aged 18 or over
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.