The Festive Savings account allows members to put money aside in advance of big annual events
By opening a Festive Savings Account, members can focus on paying for their festive goodies and enjoying a debt-free Festive season with the people they love most.
Key Facts
- The Festive Savings account can be set up after joining the credit union
- Festive accounts can be opened from 1st October to February 28th
- Free Life Savings and Loan Protection Scheme (terms and conditions apply)
- All funds protected by the FSCS scheme
- No penalty for withdrawals
- Access your account online
- Additional Lump Sum Deposits can be made to the account
- Maximum of £75,000 in savings
- Save a minimum of £5 per month or £1 per week
- Potential annual dividend on savings
- £5 early-withdrawal penalty to deter members taking money from account before October.
- Available to all Members
Need Help? Contact the NHS Credit Union team today
Protection for your money
Your eligible deposits with the NHS Credit Union are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
Please click here to read “A guide to the Financial Services Compensation Scheme” or visit www.fscs.org.uk.
