Share Account

When you join London Plus, we open a savings account for you. This is often referred to as a share account and is suitable for everyone and provides you with a flexible and easy option to saving.

Christmas Savings

Planning for Christmas is really easy when you start early in the year. We can put a little bit of your regular money in a separate account each week or month, and lock it away until November.

PrizeSaver

The Credit Union savings account with monthly cash prizes including a £5,000 prize. The way it works is simple: every £1 saved in your PrizeSaver account at the end of each month gives you one automatic entry into the following months prize draw (to a maximum of £200 in the account, which allows you 200 entries each month).

The monthly prizedraws are drawn across all participating credit unions

Collateral savings

We encourage all our members to put money aside for a rainy day, but it’s a condition of some of our loans that you to build up a savings-pot while you make repayments. These savings are put in a special account called a Collateral Account and you can’t withdraw the funds in this account until your loan has been repaid. Many members choose a loan with collateral as it helps them save their money and reduces their need to borrow in the future.

Flexible and easy access to your savings

Safe and ethical way to save

Competitive return (annual dividend on your savings shares)