One of our Credit Union members has scooped the top prize in one of the recent PrizeSaver savings account draws.
A PrizeSaver savings account offers you the chance to win one of over 20 prizes each month – as well as a number of ad hoc prizes – and we’re delighted that one of our members won the top prize of £5,000 in one of the ad hoc draws recently.
Every pound you save in the PrizeSaver account gets you an entry in the prize draw, up to £200 (200 entries) per month. There are at least 21 prizes up for grabs every single month, with a grand prize of £5,000 and twenty further prizes of not less than £20. A number of our members have won smaller prizes too.
The PrizeSaver scheme is part of a government-backed initiative involving 15 credit unions around the country. The aims of the scheme are to encourage saving and to get more people to join a credit union.
Martin Groombridge, Credit Union Chief Executive, said: “It’s great news that one of our members has taken home the top prize in one of the PrizeSaver draws. The PrizeSaver savings account is a great way to save, with the added bonus of winning a prize. In fact, the more you save, up to £200, the more chance you have of winning.
“We realise it isn’t always easy to find the money to save, but putting away a little bit each month can soon add up, and the chance of winning a prize each month certainly makes saving more appealing.”