WASCU | Bonus Saver Account

Bonus Saver Account

Save money regularly and earn a bonus

Start saving and earn a £10 savings bonus

If you have not been saving with us, and you earn less than £30,000 per year, then you are eligible for this bonus saver account.

Simply open a start saving Bonus Saver account,

save at least £10 per month, for 10 months,
and get a £10 bonus.

The offer is open to members who have not been saving. It is open to new members too, once they have joined us.

If you are already a member, your start saving Bonus Saver account will be activated as soon as we receive your first payment. If you are not a member yet, get started by opening a general shares account here, and you can then start saving into your bonus account.

To make a deposit into your account, simply set up a payment to us from your electronic banking system, using a bank reference 99999999BONUS, where 99999999 is your member number. You can set this up as a regular, monthly payment, to help you reach your goal of ten payments without further effort.
If you are already repaying a loan with us through your Child Benefit payments, you can simply call the office or e-mail them at office@wascu.co.uk, and ask them to move some your regular payment into a Bonus Saver account

The £10 bonus will be paid directly into your Bonus Saver account after you have made 10 monthly deposits of £10 or more. We will pay the bonus during the month after you meet the 10 x £10 saving goal..

We offer this start saving account in partnership with the England Illegal Money Lending Team. The bonus is funded from Proceeds of Crime Act money that has been taken from loan sharks and other criminals.

To report a loan shark, call 0300 555 2222 or visit www.stoploansharks.co.uk. All reports are confidential.

This account allows members to put money aside on a regular basis and earn a bonus
Members can either allocate a portion of their current deduction, or increase it to cover the amount they want to go into their bonus saver account. Saving a small amount each pay day soon adds up.
Pay regularly (at least monthly) into the account every month and you will qualify for a bonus after ten payments
To set up a Bonus Savings Account, phone the Credit Union Office today on 01793 522216 or e-mail us at office@wascu.co.uk.

Financial services compensation scheme

All accounts benefit from our participation in the Financial Services Compensation Scheme (FSCS).

The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.

For further information about the scheme (including the amounts covered and eligibility to claim) please refer to the FSCS website

This offer is for new WASCU members, and for current WASCU members who have not been saving.
Your total household annual income must be no more than £30,000
The bonus is paid after 10 monthly deposits of at least £10 have been made
The 10 deposits must be made over 10-12 months (so you can miss a couple of months and still qualify).
The bonus will be paid into your start saving account
A member may only open one bonus saver account
This offer will be withdrawn without notice once our bonus funding has been used up

Open Savings Account Now