
GWCU savings accounts
Find the right savings account for you
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Local people can save up to £85,000
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Competitive, exclusive interest rates
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Open an account with as little as £1
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Your savings are protected by the FSCS

Easy Saver Account
Watch your savings grow and access them as you need them.
- For all GWCU members
- Dividends are paid annually
- Transfer money to and from any UK bank account
Cash ISA Account
Save up to £20,000 tax- free with GWCU
- This savings account is open to all members
- Earn 3.5% AER interest
- Minimum deposit is £1
Christmas Saver Account
Spread the cost of Christmas throughout the year.
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Have a debt-free December
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Access your money in November
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Safer than other Christmas savings schemes
Fixed Rate Saver
Watch your savings grow over a fixed period.
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For all GWCU members
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Earn GWCU’s highest level of interest
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Access your money at the end of the fixed term
Savings accounts for you
Build financial wellbeing
There are four different savings account options. Choose which account works best for you and your savings goals. We’ll make every step as easy as possible.
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Online applications take around 15 minutes
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Start your application and save it if you need more time
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Your money is protected by the FSCS up to £85,000
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Open your account and start saving from as little as £1
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Deposit whatever you can into your account, from £1 to £85,000
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Set up a Standing Order or put money into your savings via bank transfer
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Choose to access your money instantly, or lock it away
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Earn competitive interest or annual dividends on your savings
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By saving with GWCU, we can reinvest into our members and local community
Opening a savings account with GWCU
Are you eligible?
To begin saving with GWCU, you must meet the following criteria:
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You must be aged 18 or over
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You must live or work in Bristol, Bath, Gloucestershire, Wiltshire, Somerset, and Dorset
Ready to start saving with GWCU?
Applying is easy. Here is what you'll need.
We need this so we can contact you easily. It also helps you verify your account when you log into the member portal.
This is important so we can send your savings account documents to you.
This to prove your identity.
A local, ethical credit union
100% committed to our members
Great Western Credit Union exists to make members better off.
With affordable loans and competitive savings packages GWCU members can get the money they really need. Our members are often people who have lots of pressure on their finances, struggle to manage their money, or have been refused help from high street banks.
We’re proud to help our members to improve their financial situation.
GWCU is a mutual, financial co-operative. It is owned and operated by its members. Since 1999, we have helped thousands of members with loans and savings.
Any profits we make are invested back into the credit union and shared with members and the local community.
Making a difference to our members
Meet our members
“Good to know that my savings are being put to good use in the community.”
“We have been regular savers with GWCU over many years. When we have had to withdraw funds, this has been an easy and efficient process.”
“Everyone I've spoken to either in person, online, or on the phone has been incredibly helpful and clearly has the region’s best interests at heart.”
“Friendly, empathetic and caring. Explains well and are always helpful.”
“The process is straightforward, and transferring money to my account is very easy. I also have peace of mind knowing that my money is safe and secure.”
Keeping your money safe
When you save or borrow with GWCU, your money is:
Saving with a local credit union
We’re all better off when we work together