I have been a member for years and have always saved a little each month, that way I don’t even ‘see’ the money but know it is saved. Then near Christmas I withdraw most of it and use it to buy presents, it saves the worry over how I will afford them each year. I love supporting a local credit union and I refer residents there too, for loans, current accounts and savings!
Rebecca
Payroll Member
Clockwise have really helped me with my finances. I have been a member for a while now and think they are great. I use the app to keep track of my accounts and its very easy to use. I would recommend to anyone.
Gemma
Clockwise Member
The payroll deduction scheme was easy to set up and I’ve been able to change the amount saved each month with a single email to the Finance Team. Clockwise also has an app for easy access to my savings account that allows the instant transfer of money from my savings account to my current account as and when I have needed it.
Ian
Payroll Member
Clockwise Savings Accounts
Instant Access
Easy access to your money-
0.8% AER
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Instant Access to your money
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Interest Paid Yearly
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No Yearly Limit*
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Cash ISA
Tax free interest-
4.5% AER
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Instant Access to your money
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Interest Paid Yearly
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£20,000 Yearly Limit*
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Tax Free Savings
Gold Saver
90 Day Notice Account-
3.03% AER
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90 Notice to Access Money
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Interest Paid Quarterly
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No Yearly Limit*
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Prize Saver
Win up to £5,000 a month-
0.8% AER
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£1 equals one entry
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Top prize of £5,000
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20 smaller prizes of £20
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The monthly prize draw is shared by Credit Union’s across the country
Benefits include:
- Online account access
- Mobile app with savings feature
- Preferential loan rates
- Rewards for saving while borrowing
- Current Account & Debit Card
How to apply for payroll membership
Clockwise membership is free.
- Apply for Clockwise Membership and complete your details,
- Add a payroll deduction to your application when prompted.
- We will contact your employer to make the necessary arrangements with Clockwise so that payments are taken via payroll deduction
How to change or cancel your payroll savings / loan deduction
Contact Clockwise directly to make any changes to your payroll deduction. We will arrange the new amount with your employer’s HR
Just like your high street banks and building societies, the money you deposit into your credit union account, up to £85,000, is protected under the Financial Services Compensation Scheme (FSCS). If you have a joint account you will be protected for £85,000 each.
FSCS protection is free to customers, so if anything happens to your bank, building society or credit union, and you cannot access your money, the FSCS will refund you up to the amount of £85,000.
