Christmas Saver - Eastern Savings and Loans
Christmas Saver

Save for Christmas

You can save for Christmas 2024 at a frequency that suits you! You can save into our special Christmas saving account, via a standing order, at the same time as you repay a loan or whenever it suits you! As with all our savings accounts, it is easy to access, give us a call or go online to access your savings. We are putting you in control of your money, so you can start Christmas shopping when you see a bargain! All withdrawals are completed the same working day they are requested.

  • Make deposits as part of your loan repayment, bank transfer or straight from your pay.
  • Your money is FSCS protected
  • Save at a frequency that suits you, or whenever you can

See how it can add up!

Save £5 £10 £20
Weekly (42) £210 £420 £840
Fortnightly (26) £130 £260 £520
Monthly (10) £50 £100 £200

These examples are based on savings commencing in January, but you can open your Christmas savings account whenever it suits you.


Open a Christmas Savings Account

Transfer from share account to Christmas Savings £3

Terms & Conditions

1. The Christmas saving account is only available to existing ESL Credit Union members and may be opened by contacting the office by telephone or by completing a Christmas Savings Club Application Form.

2. Savings can be paid into the Christmas savings account throughout any given calendar year.

3. You can make a withdrawal by telephone or via our online banking.

4. You can make lump sum deposits at any time into the Christmas Savings Account subject to any applicable limits.

5. Regular or lump sum deposits can also be made by bank transfer, payroll deduction, debit card, or cash at our Austin Street shop.

6. The total savings balance of both your share account and Christmas Saver account can not exceed the FSCS limits in operation at the time.

8. Please note, no interest is paid on Christmas saving accounts.

Dividend Savings Account
Dividend Savings Account

Our standard membership account

Christmas Loan
Christmas Loan

Small loans to help spread the cost of Christmas

Child Benefit Loan
Child Benefit Loan

Save while you repay, helping you set up a rainy day fund.

Members of ABCUL

Members of ABCUL

Your money is protected up to £85,000

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority

Authorised and Regulated by the Prudential Regulation Authority

Members of ABCUL

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority