Christmas Savers Account

The Christmas Savers Account was introduced to help our members to budget and save sensibly for Christmas each year. This account is completely secure and comes with all the great benefits of being a Credit Union member. With us, your savings are protected by the Financial Services Compensation Scheme (FSCS) so there is no risk of you losing your money just before Christmas. You can also withdraw from this account as much or as little as you need, saving any extra funds for next year. Putting money aside in advance with our Christmas Savers Account means you can focus more on how you can enjoy a debt-free Christmas this year. Take advantage of this service as soon as you join and start saving today.

I am aged 16 years or over
I am an employee of the transport industry including logistics and air-side employees.
OR a member of Unite the Union
OR a family member of an existing Voyager Alliance Credit Union member (You must be living at the same address as your family member sponsor)

Build savings for a minimum of 10 months between 1st January and 31st October.
Access to your Christmas Savers Account is restricted until the first week of November.
Withdraw as much or as little as you like for 2 months of the year before starting again for next Christmas.
Earn a dividend on your savings with our great competitive rate, giving you more than you pay in.
Secure and reliable service that protects your savings.

Free Life Insurance offered to our members (terms and conditions apply).
Have access to great savings and loan products.
Save easily through payroll deduction (available to most members).
Members share our profits and earn a dividend on their savings.

Free Life Insurance:

As a Member of Voyager Alliance Credit Union you will be automatically covered by our Life Insurance Policy at no direct cost to you. In the event of your death, any savings you may have with Voyager Alliance Credit Union is doubled up to a maximum of £20,000 for members up to the age of 64. (See example 1a and 1b)

Members over the age of 65 and up to 79 can expect to receive an additional 25% of their savings balance up to a maximum of £5,000. (See example 2a and 2b)

Example	Age at claim	Total Savings Balance	% of Insured Balance*	Benefit	Total Paid to Next of Kin
1a	18-64	£12,500	100%	£12,500 (100%)	£25,000
1b	18-64	£22,000	100%	£20,000 (maximum)	£42,000
2a	65-79	£12,000	25%	£3,000 (25%)	£15,000
2b	65-79	£22,000	25%	£5,000 (maximum)	£27,000

*Insured Balance: Maximum claim is £20,000 age 18 through 64 and £5,000 (25% of £20,000) age 65 through 79.

Life Insurance on savings does not cover members over the age of 79.

For full terms and conditions or more information about the policy, please click here.

Data protection statement:

In accordance with the principles of the Data Protection Act 1998, we will use your personal details for the purposes of managing your accounts with Voyager Alliance Credit Union.

Under the Distance Marketing Directive, you have the right to cancel your savings account within 14 days of opening without incurring financial or other penalty.

Payments from savings accounts:

All payments from savings accounts will be "same day faster payments" so you will get your money in just a few hours at the most. This will incur a £1 charge for each transaction