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Christmas Saver

Christmas savings to help make sure your holiday season is filled with joy, not money worries.

Christmas Saver

Spread the cost of Christmas

Prepare for the festive season with a simple, easy access savings account with your community credit union.

  • Start saving from as little as £1

  • Set a savings goal to keep you motivated

  • Withdraw your pot of money whenever you need

  • Peace of mind knowing your money stays protected (up to £85,000) under the FSCS

Key details

Interest rate

This account does not pay interest. This account pays an annual dividend, which is decided by our members at the annual general meeting. Learn more about what a dividend is.

Easy access

This account is here when you need it most. Withdrawals are allowed with unlimited access.

Minimum savings

Save as little as £1.

Opening a savings account with GWCU

Are you eligible?

To begin saving with GWCU, you must meet the following criteria:

  • You must be aged 18 or over

  • 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.

Personal mobile phone number

We need this so we can contact you easily. It also helps you verify your account when you log into the member portal.

Personal email address

This is important so we can send your savings account documents to you.

Your national insurance number

This to prove your identity. 

How to find your national insurance number.

Not sure if you have this information? 

Local credit union savings accounts

Saving for your future and making you better off

Helpful information

Can I open a Christmas Saver at any time? 

Yes – you can open a Christmas Saver any time of year.

The earlier you start saving, the more you’ll have when Christmas comes around.

Will I earn interest on my Christmas Saver?  

The Christmas Saver account does not earn any interest. As a member-owned organisation, we provide an annual dividend on the account.

Members get to agree the dividend we pay each year at our Annual General Meeting (AGM) which is then shared equally across all members.

When can I withdraw from my Christmas Saver?

You can withdraw your funds from the Christmas Saver at any time of the year.

Whether you want to start Christmas shopping early, or cover an unexpected cost, your savings are here when you need them.

What is the Christmas Saver? 

The Christmas Saver is a dedicated savings account to help you plan for the festive season. Save through the year and enjoy Christmas time knowing you have a pot of money to help cover the costs.

Working for our members

Our friendly Member Engagement Team live and work in our communities. They're specially trained and ready to help you.