Budgeting Accounts
One Savings Payment – Multiple Savings Pots
Set up a separate savings pot within your existing credit union account TODAY!
The primary objective of London Capital Credit Union is to encourage people to save, but we also help our members plan to meet costs that we know will arise at some point. To help with financial planning we offer a savings account for pretty much every occasion.
You can have a single savings sum split into different pots to help you plan your future spending, thereby avoiding the need to borrow.
Why not save a little more, or split your current regular savings and start your future financial planning. Just drop us a line or give us a call if you want to set up a separate savings pot withing your existing credit union account.
Email: info@credit-union.coop
Tel: 0207 561 1786
Budgeting Accounts Available
- Rainy Day/Emergency (share one)
- Bills
- Birthdays
- Business costs
- Children’s Accounts
- Christmas
- Dental Bills
- Education
- Eid
- Electrical Goods
- Festivals
- Funerals
- Holidays
- Home Improvements
- Housing Deposits
- Insurance
- Medical Costs
- Pets & Vets
- PrizeSaver
- Retirement Savings
- Season Tickets
- School Trips
- School Uniform
- Shopping
- Vehicle Costs
- Weddings
Making deposits into your Credit Union account.
We are not able to have DWP or HMRC payments made to your credit union account, other than child benefit.
Standing Order & Bank Transfer
These payment methods are suitable for one-off deposits and/or recurring payments into savings from your bank account.
The easiest way to set up a Standing Order is to use online banking or to contact your bank.
You must use your membership number (or NI Number) as the reference for every payment.
Our Bank Name: The Co-operative Bank
Our Sort Code: 08-92-50
Our Account Name: London Capital Credit Union
NB Some banks may say account does not match the name because our full name, London Capital Credit Union Ltd., is too long. You can ignore the error message and use these details.
Our Account Number: 67003299
Your Reference: Your credit union membership number or your NI number in order that we can credit the payment to the correct account.
Salary Savings Schemes
Many people can make regular savings deposits or loan repayments directly from salary. CLICK HERE to access the Online Salary Savings Schemes Form.
Cash
We only accept cash for initial deposits. If you make your first deposit by cash the maximum we can accept is £50.
Cheques
Cheques should be made payable to 'London Capital Credit Union' or payable to yourself. We can also accept cheques payable to yourself. You should note that it will take at least 12 working days before you are able to draw on funds paid in by cheque.
Save with your Child Benefit
Once you have your credit union membership number you can save by having your Child Benefit paid directly to your savings account. complete the form below. You will need your membership number and your child benefit reference number to complete the form.
