365 Saver
Earn a 5% bonus on your savings after just 12 months with the second issue of our 365 Saver account, an ethical fixed-term investment that safely grows your money.
Apply now
Benefits for you
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Save smarter and grow your savings longer term
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Lock your savings for 12 months and earn a 5% dividend
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An ethical investment in our community
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Savings are FSCS protected and eligible for up to £2,500 life cover
Your 365 Saver
- Fixed savings term of 12 months
- Minimum account balance to open and maintain is £1,000
- Maximum Account Balance £40,000
- Lump sums by direct transfer from your bank are welcomed
- Includes a free life savings cover up to £2,500
- After a year, enjoy a 5% dividend and automatic transition to our Member Saver account for ongoing saving
You’re eligible to apply if you…
- Are 18 years old or above
- Are a registered member of the GMB Trade Union
- Are a account holder with GMB Credit Union
Terms & Conditions
- Internal transfers from existing GMBCU savings accounts are not permitted
- Withdrawals are not permitted during the 12-month period; if you withdraw, it will cancel any dividend payments
- Dividends are paid gross. It’s up to members to report this income if they are taxpayers
- 365 Saver Issue Two will operate from the 01 July 2025 and will mature on the 30 June 2026
- Deposits are fully protected by the Financial Compensation Scheme (FSCS) up to £85,000
Apply
Apply for our 365 Saver account today. It’s fast, easy and you can do it all on our website. Don’t wait, achieve your long-term financial goals now.
Why choose us?
GMB Credit Union is more than just a financial institution – we’re a community where members help each other. We make sure that money circulates for the benefit of the community by pooling member savings and then lending to other members. Support your GMB community and boost access to affordable credit with your GMB Union membership.