Christmas Club


No Temptation

Gain access to your savings from 1st November

Prize Draw Entry

All Christmas Club members are entered into a prize draw for free

Save What You Want

Save as much or as little to make your Christmas extra special

Ho, ho, hold on, there's a Christmas Club?

Who doesn’t love Christmas? It’s a time full of laughs, togetherness, and well, let’s face it, expenses too. The best way to overcome these expenses is to be prepared!

Sometimes it can be difficult to plan months in advance. This is why we are here to ease the burden. We offer a free service which allows you to save efficiently for Christmas, so, if saving isn't your strongest point, this could be the solution for you.

What’s to stop you withdrawing your savings? Well, the answer is simple, we lock them until the 1st of November. This gives you the best opportunity to build your Christmas funds to make the 25th better than ever. You can deposit how much or how little you want, whether it’s a one-off payment or a standing order, every little adds up and you’ll be amazed at how much you’ve saved. 

Savings are covered by our free savings insurance (T&C's apply) and they act as your shares in the credit union, meaning you could receive a dividend based on how much you’ve saved. On top of all that, there is an exclusive Christmas Club prize draw - anyone with savings in the Club are entered. We randomly select 3 adult winners and 1 junior winner. 

Members love our Christmas Club and proof is in the (Christmas) pudding. In 2018, we had 230 members in the Christmas Club and they saved a massive £71,405 - it’s amazing how much can be saved just in a year!

Start preparing for Christmas and deposit today.

Are there any fees on the account?

There are no fees on this account. This is a free service and one of which our members love!

Is there a maximum savings balance?

An individual member can only have up to 1.5 % of our total member savings. At present this represents an individual limit of £35,000 in total savings.

Is there a minimum amount I must have in the Christmas Saver account?


How can I deposit savings?

• by bank standing order
• by payroll deduction (if your employer accepts this method)
• by direct transfer from your bank
• through from any benefits you are entitled to receive
• by cash or cheque
• at any of South Manchester Credit Union collection points
If deposits are made by cheque, no withdrawal may be made against them until the funds have been cleared in the Credit Union’s bank account which takes up to 5 working days.

How can I withdraw money?

The simplest way to withdraw your money is through Nivo
You can also request withdrawals through the Members’ Area, phone, email, or in person.