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Christmas Club

Leeds Credit Union’s Christmas Club Account is a savings account that gives peace of mind by making saving for winter expenses easy.

Whether it’s saving for Christmas presents, or getting a head start on your winter bills. You can save as much or as little as you like.

Account name

  • Christmas Club

What is the interest rate?

  • Unlike banks and building societies, we don’t pay an interest rate on your savings. Instead, we aim to pay a quarterly/annual dividend to all qualifying members. The amount of the dividend is set by the Leeds Credit Union Board each quarter/year. Please be aware that some years no dividend may be paid.

How do I open and manage my account?

  • You must be aged 18 or over;
  • You must be a member of Leeds Credit Union. To become a member you must live or work in Leeds, Wakefield, Harrogate, Craven or the London Borough of Barking & Dagenham, or by associated with one of our partners.

How to open an account

  • You can open a Christmas Club Account online, in branch or by downloading and posting an application form.

Operating the account

  • You can manage your account online, in branch or via our mobile app.
  • Minimum opening deposit: £1
  • Minimum operating balance: £1

Can I withdraw the money?

  • You can make unlimited withdrawals between 1 November  - 24 December each year via our branches, online or via our mobile app.
  • From 25 December you will not be able to make withdrawals until 1 November the following year.

Additional information

  • If a dividend is paid, it is paid gross of tax, that is with no tax deducted.
  For existing members, simply email services@leedscreditunion.co.uk, quoting your membership number, and the savings account you would like to open. Our team would be happy to help. If you are not a member of the credit union already, you can apply online, in branch, or download our application form. Find our Terms & Conditions here. You can also view our Privacy Policy, which describes how we use our members' information.

On Monday, 4th December 2023, our systems will be down for scheduled maintenace from 3pm for approximately three hours.

This means head office, branches and online banking/app will not be contactable or usable.

We apologise for any inconvenience this may cause.