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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email:

Wed 16-Aug-2017
NewsGet away with a Credit Union holiday savings account
14 June 2017
Get away with a Credit Union holiday savings account

Research shows that taking a holiday is good for you, so why not start saving for your next trip with a Credit Union holiday savings account?

Most of us enjoy getting away once or twice a year, even if only for a short break, and lots of research shows that taking a holiday is good for us, leaving us more relaxed, refreshed and possibly even heathier. However, sometimes it is difficult to put your hands on the money you need at the right time to pay for a holiday – for many of us, there always seems to be something else that comes along to gobble up any spare cash. That’s where a dedicated Credit Union holiday savings account can really help.

With a holiday savings account from the Credit Union, you can put away a little bit each month so that over time you build up a savings pot to pay for your next holiday. It means that you can plan how much you would like to spend on your holidays each year, within what you can afford, and then save enough each month to cover the costs. With a holiday savings account, you only withdraw the money when you need to pay for your holiday, whereas if the money is in with your other savings, or in your current account, you are more likely to spend it on other things.

“Whether you are planning a long-haul trip or a short break, opening a Credit Union holiday savings account is the ideal way to save up for your annual family getaway or the holiday or a lifetime,” says Martin Groombridge, Chief Executive of the Credit Union. “By putting away a small amount each month, you can be sure to have some cash available when it comes to booking your next holiday.”

Credit Union members can deposit money into their holiday savings account directly from their bank account and employees of organisations that participate in our payroll deduction scheme can have their savings or loan payments deducted directly from their salary. This helps to ensure that you don’t miss a payment or end up postponing your saving plans.

To find out more about our Credit Union savings accounts click here or call us on 020 7561 1786 to open your holiday savings account.

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  • London Capital Credit Union
  • Tel: 020 7561 1786 (Multilingual advisors available)  • 
  • Fax: 020 7272 8192  • 
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