Our Christmas Saver is for you, if, too often, you realise the festivities are around the corner, and you’re a little short of money. No matter how hard you try, you never seem prepared for the small fortune you spend during the celebrations.
Start putting money aside for Christmas and you can take the worry out of buying presents or be ready for party season!
We will lock your money away until October but don’t worry, if there’s an emergency, you can access it. We charge a £5 fee to deter you from dipping into it unnecessarily.
The LCCU Christmas Saver account is flexible so how much you save and how often is entirely up to you.
How our Christmas Saver works
- There are no fees to set up or maintain the account
- Save towards Christmas at a rate you can afford – there is no minimum deposit
- The money you save is available to withdraw from November 1st – December 31st each year
- Any withdrawals outside this period will incur an early redemption fee of £5.
If you would prefer to use this account to save for Eid, that’s no problem. We simply adjust the period in which you are permitted to access your savings without penalty.
Did you know, all LCCU saving accounts come with free Life Savings Protection?