Chance to win £5,000
Open a PrizeSaver and be in with a chance of winning £5,000 in a monthly prize draw.
Savings feels good. Winning feels great.
You can do both with PrizeSaver – the savings account with monthly prizes of £5,000.
How does it work?
Chance to win £5,000
Every £1 in your account enters you into the monthly prize draw to win £5,000.
Deposit £1 – £200
You get up to 200 entries so the more you save the more chances you have to win!
Additional Prizes
Monthly prize draw of £5,000 with at least twenty smaller prizes of no less than £20.
Lots of great benefits
How to apply?
To open a PrizeSaver account, you must be an existing member of the credit union.
If you are already a member, you can request a PrizeSaver account by completing our short form below.
You have previously submitted a PrizeSaver application on your device. If your account wasn't set up, feel free to get in touch with our team on 0121 700 1222 between 09:00 and 16:30 (Mon-Fri).
People often ask us
How much can I win?
You can hold between £1-£200 in as PrizeSaver account (£1 is equivalent to 1 entry), so the more you save the better your chances of winning.
There are monthly prize draw of £5,000 with at least twenty smaller prizes of no less than £20.
Can I make one-off deposits?
You can open your PrizeSaver account with as little as £1 up to a maximum balance of £200. This will be transferred from your existing Regular Saver account.
Once your account is opened, you can also make additional deposits, by transferring funds from your existing accounts or by making a one-off deposit.
Can I withdraw my money?
Yes, you can withdraw your money at anytime. Simply withdraw the amount you want using your online banking, mobile app or telephone.
Is there a maximum balance?
You can have a maximum total balance £200 a PrizeSaver account.
How do I manage my account?
You can access your savings through our online banking. We also have a mobile app to allow you to manage your money on-the-go.
How secure is my money?
All of our savings products are covered by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. Meaning your savings are covered up to £85,000. Any deposits you hold above the current limit are not covered.
For more information about the FSCS, visit www.fscs.org.uk
What savings return will I get?
The PrizeSaver account does not provide an annual dividend like our other accounts. You will however be entered into a monthly prize draw of £5,000 with at least twenty smaller prizes of no less than £20.
Will my savings be tax-free?
Your savings with the credit union are not tax-free.
When does the prize draw take place?
Monthly prize draws take place between the 15th and 20th of each month. Winners are notified within two working days.
How do I open an account?
To open a PrizeSaver account, you must be a member of the credit union and save a minimum of £10 per month into our Regular Saver account.
Existing members can request a PrizeSaver account by completing the form below.
Additional Information
Check out the PrizeSaver terms & conditions in full here.
Your money is secure
All of our savings products are covered by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. Meaning your savings are covered up to £85,000. Any deposits you hold above the current limit are not covered.
For more information about the FSCS, visit www.fscs.org.uk
Your money is secure
All of our savings products are covered by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. Meaning your savings are covered up to £85,000. Any deposits you hold above the current limit are not covered.
For more information about the FSCS, visit www.fscs.org.uk
