Prize Saver Account - Eastern Savings and Loans
Prize Saver Account

We are delighted to launch our Instant Access Prize Saver savings account. This special account offers you the chance to win monthly prizes while you save!

Start saving from as little as £1 to be in with a chance of winning. There are 21 prizes to be won each month. Savings are not at risk, and there are no fees for entering the draw or to have the account!

  • Instant Access Savings Account
  • Savings are not at risk
  • £5,000 top prize per month
  • Save up to £200, for 200 entries into the monthly Prize Draw

What do I need to know?

It’s simple, every pound you save, (up to £200) in your Prize Saver account enters you into a monthly prize draw.
There are 10 Prizes of £20, 10 Prizes of £50, and 1 £5,000 prize available to win every month.
You can have up to £200 in your Prize Saver account. Each pound you have in your Prize Saver account equals 1 entry into the Prize draw!
Just fill in the form below, to let us know how much you would like us to move from your main savings account to open your Prize Saver account.
You can move money from your savings account into your Prize Saver via the Members Area, or call us on 03336 000690 and we can move it for you.
Yes, just like with all our savings accounts, you can access the money whenever you need it via the Members Area or by calling us at 03336 000690.
We will choose a random day between the 1st – 13th of each month to take the balance of your Prize Saver account. As a cooperative we work to benefit everyone, our members who may need to take their savings out are not unfairly penalised.
There are 19 other Credit Unions that are part of the Prize Saver scheme, with 25,000 Prize Saver accounts as of July 2024.

Apply for a Prize Saver Account

You must be a member of Eastern Savings & Loans Credit Union to apply for this account.
Selected Value: 1
Every £1, up to £200 is an an entry into the draw. If you do not have sufficient funds available for us to action this request, we will transfer the maximum available, ensuring £5 is left in your Share Account at all times.

Terms & Conditions

Please check out the links below to the Terms & Conditions and the Privacy Policy for the Prize Saver Account.

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Member of ABCUL

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All funds are FSCS protected

Your money is protected up to £85,000

We are authorised and regulated by PRA

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