Christmas Saver Accounts

Christmas Saver Account Savings Now Available for Christmas 2022: 

Spread the cost of Christmas throughout the year by saving regularly into an account where the funds become available from 1st November each year. 

How it Works

These accounts are available to new and existing members. All Christmas savers are also required to have a general savings account with us to activate their membership. Features of this Christmas account include:

• Savings deposited regularly throughout the year
• Savings can be withdrawn between 1st November and 31st December each year. To encourage savers to avoid dipping into Christmas savings, a £5 charge is made for all withdrawals requested outside of these dates 
• Savings up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS).

How to Join 

If you are already a member with us, simply download and return the Christmas Saver application and return it to us, and we'll make the necessary arrangements to set up your Christmas Saver account.  If you have an existing standing order or payroll deduction order with us, we will ask you to complete a form to confirm the new amount you want to save.  You can also continue to make payments into your general saver account as well as your Christmas Saver account, using one standing order or payroll deduction.

If you are not yet a member, you will first need to join us (membership is free although a minimum of £5 is required into a general saver account to activate your membership).