Safe Savings
Many people were shocked last year to find out that money they had saved towards Christmas with Farepak was lost when the company collapsed.
If you’re one of those people, or even if you’re someone who just wants to put a bit away each week so that you’ll have enough to get what you need at Christmas, for family holidays or some other special occasion, there are safe places for you put your savings. With all these options you will receive interest on the money you save and your money will be protected .
With these accounts you can take your money out whenever you wish but with some accounts you may lose some interest if you don’t give enough notice that you want to take money out.
These accounts only allow you to take money out at specific times (e.g. just before Christmas), which takes away the temptation to use the money early.
Click here to find a Credit Union near you or by looking in the Yellow Pages under ‘Credit Unions’.
