Christmas Saver Club

Fed up of vouchers?

With our Christmas Saver Club, you get the benefit of putting money away in a locked savings account as well as the benefit of being limited where you can spend that money come Christmas time.

You can help take the stress away from Christmas by saving with Beacon Savings & Loans, you community credit union.

You just need to opt-in once and you will continue to be enrolled each year, until you tell us that you don’t want to be in it any more. I’m not sure why you would do that, but we’ll honour your wishes.

There are many ways to pay, you can pay in cash at one of our branches, pay via Standing Order (make sure you put your membership number in the reference so we know it’s your money). If your company is one of our payroll partners, you can pay via our Salary Saving Scheme.

We send out your credit union Christmas Saver Club funds on the Wednesday before Black Friday, so you can get all the best deals in time for Christmas.

You know your money is safe with your credit union, because, not only are we regulated by the Financial Conduct Authority and Prudential Regulation Authority, we are also a part of the Financial Services Compensation Scheme.

Beacon’s Christmas Saver Club

Ways to Save

You can save cash at one of branches.

Save via Standing Order or Faster Payments – remember to put your member number and XMAS as a reference so we know it’s yours. Be aware, it is your responsibility to set up a standing order, if you need our details, get in touch on our contact page

If your company is one of our payroll partners, you can save straight from your salary.

Is it safe?

Absolutely, as a regulated deposit taker, we are a part of the Financial Services Compensation Scheme (FSCS).

This means your money is safe, even in the unlikely event that something should happen to us. With the Financial Services Compensation Scheme you will be paid your savings within 7 days.

Good to know, even though we’re not going anywhere.

Find out more on our Financial Services Compensation Scheme page. 

Auto Enrollment?

Savings always work best when you set and forget. When you sign up, we ask you to agree to automatically renew for subsequent years. You can opt out at any time.

 

Where will you send the money

If you’re a member who regularly borrows and takes share withdrawals from your account, we will pay out to the same account that we have stored for you.

If you don’t have an bank account stored, you can easily nominate one on the sign up form.

We send out an email in the couple of weeks before the pay out date so you will have time to up date it, if you need to.

Christmas Club Sign Up

We have a Christmas Savings Club for our members.

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