Vault Savings Account
A simple way to give your savings a boost, the Vault lets you lock money away for a short period and earn a fixed return.
No need to watch the rates or make ongoing decisions. Set it aside and leave it to grow.
Next one opens in November
A simple way to give your savings a boost, the Vault lets you lock money away for a short period and earn a fixed return. No need to watch the rates or make ongoing decisions. Set it aside and leave it to grow.
What you need to know:
- Open to all NHS Credit Union members
- Minimum deposit £250, up to £110,000
- One-off lump sum payments only
- Funds are locked in for the full term
- Withdrawals will close the account, no interest will be paid and subject to a fee
Choosing the Vault Interest Rate
We announce the Vault interest rate closer to launch so we can aim to secure the best rate available for our members at that time.
As a member owned credit union, we also consider where members’ money is invested. Our ethical investment approach means we look for a competitive return while making responsible choices about where your money goes.
We’ll confirm the rate before the Vault opens, so you’ll have all the information you need before deciding whether to invest.
Terms and conditions apply.
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 £120,000 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.
