Christmas is well and truly the most wonderful time of year for most of us although I think you will agree it doesn’t come cheap. Research from the Bank of England states that the typical family spends an average of £800 more than usual in the month of December alone.
We understand that our account holders often struggle saving for this joyous season throughout the year due to unexpected bills and general life expenses appearing. That’s why we created the Christmas Club account to combat all Christmas’ financial challenges so all you have to worry about is cooking that gigantic turkey (other meats and nut loaves are available).
In fact our Christmas savings account holders often wonder what they would do without this account come the Christmas period. And the figures, well they speak for themselves… This year we are thrilled to share that our local community saved over £230,000 in this account. £80,000 of that being from our Family Loan account holders alone.
The Christmas savings account has been a life saver. I’ve always struggled around Christmas time but having this has made it a lot better for me, thank you very much.
We have such delight in seeing these enormous saving totals because it signifies that thousands of local people will be able to afford the Christmas they and their families deserve. The perfect ending to this challenging and unprecedented year.
If you are yet to jump on board with this Christmas-saving-saviour here are some key points:
- The account allows you to only make cash or BACS withdrawals during the months of November and December.
- Just real cash savings, no vouchers, meaning your shopping isn’t restricted.
- These savings are fully protected by the FSCS.
- Deposits can be made by standing order, telephone, benefit payment or finally by cash deposits into any of our 3 branches in Nelson, Colne or Burnley.
- Money does not have to all be withdrawn at once.
- Any money not used will start your Christmas savings for next year.
And to put your saving possibilities in to perspective, the table demonstrated the amounts you could save affordably throughout the year ensuring you have some money set aside to cover part or all of your well-deserved celebrations
There’s no time like the ‘present’ open a Northern Community Bank Christmas savings account today via our website or call our jolly team of colleagues on 01282 691 333 to discuss any concerns and queries you may have.
