Prize Saver

The Prize Draw
Savings Account

Our Prize Saver account offers you the exciting opportunity to win while you save!

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Serve and Protect: Your go-to for saving and winning

Everyone knows that saving money is essential. Having some cash saved for those unexpected bills or maybe that holiday you have been dreaming about is a great feeling. But saving feels even better when it offers you the chance to win! When you choose to save with Prize Saver, the prize draw savings account, you get exactly that!

Why choose our
Prize Saver account?

There are loads of benefits to enjoy by opening a Prize Saver account:

Monthly Prizes of up to £5,000

You could be lucky enough to win £5,000 in the Prize Saver monthly prize draw. At least 20 additional cash prizes are also available each month!

Open an Account With Just £1

You can open your prize draw savings account with as little as £1 or as much as £200 – the choice is yours.

No Withdrawal Fees

You can withdraw your cash whenever you like without any penalties and can even close your account without being charged a fee.

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Prize Saver
Prize Saver

How does the Prize Draw Savings Account Work?

Here’s how the Prize Saver account works:

1

Open a Prize Saver Account

Open a Prize Saver by completing our application at the bottom of this page. Not a Serve and Protect member yet? No worries! You can still apply for an account. Our member services team will guide you through our joining application.

2

Monthly Prize Draws

The lucky winners are selected via a monthly prize draw, which takes place between the 15th and 20th of each month. The winners will be notified within two days.

Frequently Asked Questions

Every month, there’s a prize draw of £5,000, along with at least twenty smaller prizes of no less than £20. Open an account today for a chance to win!

Absolutely! You have the flexibility to withdraw your money whenever you need it. Just use your online banking, mobile app, or give us a call, and we’ll assist you in withdrawing the desired amount.

You can easily open your Prize Saver account with just £1, and you can save up to £200. Once your account is set up, you’ll have the flexibility to make additional deposits. You can transfer funds from your existing accounts or make a one-time deposit.

You might need to pay tax on the interest or dividend you receive from your savings accounts with us. This will depend on your personal financial situation. For more information, please visit https://www.gov.uk/apply-tax-free-interest-on-savings

Rest assured, all our savings products are protected by the UK’s Financial Services Compensation Scheme (FSCS), guaranteeing your savings up to £85,000. Any deposits exceeding the current limit are not covered. For additional details about the FSCS, please visit www.fscs.org.uk

To open a Prize Saver account, you’ll need to become a member of our credit union and save a minimum of £10 per month in our Regular Saver Account. Don’t worry if you’re not a member yet – you can still complete our Prize Saver application, and our friendly support team will assist you in the process of joining.

To get a Prize Saver account, simply fill out the form below. We’re here to help you every step of the way!

How to apply?

To open a Prize Saver account, you must be an existing member of the credit union. If you are already a member, you can request a Prize Saver account by completing our short form below.

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Please enter a number from 1 to 200.

Results

Results are unveiled between the 15th and 20th of each month and winners are contacted directly once the monthly prize draw has been made. Good luck!

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