We are proud to be in partnership with Westcountry Savings & Loans (WS&L), the South West’s credit union, and seven housing associations across the Southwest. This is part of our ongoing commitment to our residents' financial wellbeing.
If Christmas just gone felt a bit costly, then opening a Christmas Savings Account with Westcountry Savings & Loans, your credit union, could be the New Year’s Resolution you hadn’t thought of making!
The WS&L Christmas Savings Account is an ideal way of planning for what can be an expensive time of year, giving account holders the chance to put something aside on a regular basis for the festivities. If you’re aged 16 or over, you can start saving at any time in the year, up to £200 per month, either weekly, fortnightly, 4-weekly or monthly by direct debit. Then, at close of business on October 31st, 1% gross interest will be added on annually and the savings transferred to your Instant Access Savings Account. The funds can be withdrawn at that point to your nominated bank account.
Find out more about making Christmas 2024 more manageable by visiting the WS&L website or watching their YouTube explainer video.
Energy saving advice: Featuring hints, tips and a ‘Watt’s what’ section, in conjunction with the Centre for Sustainable Energy.
Help is at Hand: For those with mental health issues, money concerns, or both. WS&L have created a ‘Help is at Hand’ leaflet.
Stay Scam Smart: Scams have become increasingly sophisticated over the years, WS&L have shared a few timely reminders about what to watch out for.
Spring Clean Your Finances: This is the ideal season to spring-clean your finances! Read WS&L’s news story on this topic, or view their video.
Free Festive Fiver: WS&L have a new Christmas Savings incentive running throughout April 2024. If you open a Christmas Savings account before 30 April 2024, you will be given a £5 cash incentive, paid into your newly opened account. The account runs until 30 October 2024, when the funds are available to withdraw. You can open your account through their Christmas Savings Account webpage. You will then need to complete the Christmas Incentive Box when prompted to do so. Full terms and conditions for the campaign can be found on WS&L’s Christmas Savings webpage.
Borrowing Unpacked: It’s easy to lose sight of the real cost of a loan when making calculations. Spring is traditionally a busy time for DIY, garden projects or a weekend away. So, in case you need one, WS&L have crunched the numbers on a typical £500 loan from them, and another from a high-interest lender. Now you can see a real breakdown of borrowing costs and why it makes sense to come to WS&L first.
Email: info@cornwallhousing.org.uk
Telephone: 0300 1234 161
