Christmas Savings Account

• The easy way to save for Christmas every pay day, straight from your pay, or by standing order from your bank
• Flexible saving – save regularly or pay in lump sums
• Savings earn an annual dividend*
• Withdraw funds whenever you wish**
• Manage your Christmas Savers Account online

*Dividends are not guaranteed. The rate payable is dependent on financial performance and voted on by members at the Annual General Meeting.

• Exclusive to Retail CU members, the Christmas Savers Account runs alongside a member’s Membership Account and does not replace it.
• Like all Retail CU saving accounts, members’ money is protected by the Financial Services Compensation Scheme (FSCS) currently to the value of £85,000. For more information visit the FSCS website.

• Members must continue to save at least £2 weekly or £10 monthly in their Membership Account whilst saving in an Christmas Savers Account.
• Savings in the Christmas Savers Account cannot be used as security against a loan.
• Savings earn an Annual Dividend*.
• The total balance in all your Retail CU saving accounts cannot exceed £50,000.
• Other terms and conditions may apply.

*Dividends are not guaranteed. The rate payable is dependent on financial performance and voted on by members at the Annual General Meeting.

With all Retail CU saving accounts, members’ money is protected by the Financial Services Compensation Scheme (FSCS) currently to the value of £85,000.

Did you know many Christmas clubs, hamper companies and local saving schemes in pubs or societies, aren’t secure, and members’ money can be at risk? It’s not unusual to hear sad stories of people losing their money in such schemes. In 2006, thousands of people lost all their Christmas savings when Farepak Hamper Company collapsed.