Christmas Saver
Christmas savings to help make sure your holiday season is filled with joy, not money worries.
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 £120,000) under the FSCS
What's new this year
We’ve relaunched the Christmas Saver with some exciting updates to give you even more value:
Earn interest
Instead of a dividend, your Christmas Saver will now earn interest, helping your savings grow a little more throughout the year.
Chance to win a prize
Save £250 or more by the end of November, across at least six deposits, and you’ll be entered into our Christmas Saver Prize Draw. A simple way to build your festive fund and have the chance to win something extra.
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want to grow their savings, even with small amounts
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prefer easy access to their money
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like the convenience of managing their account online
- want to save with a values-driven financial organisation
- are looking for a fixed interest rate
- want to maximise returns on their savings
- want to manage their finances day-to-day
- are not UK residents
Key details
1.5% AER / 1.49% gross
This account is here when you need it most. Withdrawals are allowed and should be done through Secure Message in the Member Portal.
Save as little as £1.
Local credit union savings accounts
Saving for your future and making you better off
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
There is one other eligibility criteria, but this is optional:
- If you are a tenant of one of our partner housing associations
Important information
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.
Helpful information
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.
Will I earn interest on my Christmas Saver?
The Christmas Saver account earns a variable interest rate of 1.5% AER / 1.49% gross.
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.
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.
Save with your local credit union
Working for our members
Our friendly Member Engagement Team live and work in our communities. They're specially trained and ready to help you.