Fixed Rate Saver

Enjoy the peace of mind of a fixed return when you lock your money away for a set time, knowing that your money is protected by the Financial Services Compensation Scheme (FSCS) and used to bring fair loans to local people.

We are not currently accepting applications for the Fixed Rate Saver. This account may become available in the future. If you would like to be notified when it becomes available, please register your interest by clicking here.

Fixed Rate Saver- May 2025

The following details are related to the Fixed Rate Saver term that is due to mature on 9 May, 2025. 

Close date: 10 May, 2024 

Maturity date: 9 May, 2025 

AER/gross: 5.00% 

Your money allows us to offer fair loans to local people

Flexible savings accounts that allow you to save what you can, when you can

Your savings are protected by the Financial Services Compensation Scheme

We aim to offer a competitive return on your savings

FAQs

A 'dividend' is a share of the profit that we make, which is paid to our members each year. Last year members received a dividend between 0.25% on their savings.

Members get to decide the dividend we pay at our Annual General Meeting, which is usually held in March and is open for all members to attend. 

Yes. Your eligible deposits with Great Western Credit Union are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Any deposits you hold above the £85,000 limit are unlikely to be covered.

Find out more about this

You can access to your money via free transfers to any UK bank account, by logging in to your account online.

You can set up a bank transfer or regular Standing Order from your bank account.

You can find out the details you need to add money to your account by logging in to the member portal

To pay in a cheque, you can request a pre-paid envelope by emailing info@gwcu.org.uk. Please make sure you include your name, postcode and member number on the back of the cheque.

If you need to pay in cash, you can request a free Allpay card which can be used to make cash deposits at any Post Office or Paypoint outlet. We cannot accept cash in the post.

Our savings accounts are not set-up for day-to-day banking, so if you regularly need access to cash then we then we strongly encourage you to open a current account with a bank or a building society. 

I have regularly saved with Great Western Credit Union for over 10 years. It helps me budget and plan ahead for things like birthdays, Christmas and holidays. I like knowing my money is being well looked after, and staying local!

Rachael

Check you are eligible

To apply for an Easy Saver you need to meet the following criteria:  

  • Age 18 +
  • Live, work or study in the Bristol and Bath region, Gloucestershire, Wiltshire, Somerset or Dorset  
  • Or be a UNITE and UNISON member from across the South-West

Have your documents ready

You'll need an email address and mobile number to start your application. Make sure you have your National Insurance numberplus proof of identity handy.   

If you are unable to provide these during your application, you can save at any time and get in touch to discuss your options.

Get in touch

Start your application

Now that you have everything you need you can get started on your application. It takes about 15 minutes to complete your application and open your account. You can save your application at any time and come back to it later.   

Get started

Not sure this is the right savings account for you? Have a look at our other products

View our other savings accounts