Instant access savings with the chance to win £5,000 every month!
No cost to enter - it's a win win!
The PrizeSaver account is a credit union savings account with monthly prizes.
Every pound you have in your account, up to £200, enters you into a monthly prize draw. There are 21 prizes up for grabs every single month, with a grand prize of £5,000!
Winners of the monthly draws are notified each month and announced here: https://www.prizesaver.co.uk/h...
Rocco works for Royal Mail at their Swan Valley site in Northampton and has been a Commsave member for more than 25 years!
He was understandably thrilled with winning – telling us “It was such a shock when I got the email, I thought it was too good to be true or it was a scam. You always hear about other winners, but I didn’t think it would be me. When I called and they confirmed it I just couldn’t believe I had won.”
“I joined Commsave because it was an easy way of saving and it comes direct from your wages, so you don’t miss it. It’s completely hassle free!”
“I haven’t been on holiday for a while so I’m thinking of using the money to go away somewhere nice and sunny.”
“It’s a really good way to save – we don’t miss the money we save each month. We’ve been saving for ten years to get our garden landscaped, so it was great to be able to add the £5,000 to our pot for the work. We’ve been able to get the garden done now, so our win came at just the right time!”
“I couldn’t believe it – I was over the moon with the news that I’d won. Opening the PrizeSaver Account was one of the best moves I’ve made. I’ve still got the funds in my account as I’m not sure what to do with it just yet. Terry is also helping to promote the account among colleagues at his Royal Mail office – saying “you need to be in it to win it!”
She was naturally delighted with her win – telling us “Eureka was the first thing that came to mind”! The prize money certainly came in useful for Helen. “It came at the best time so I could help my family and treat myself to a little holiday. I’d definitely recommend everyone to open a PrizeSaver Account with Commsave!”
You can join and open a PrizeSaver account in minutes, simply fill in our easy application form and we'll send you details on how to deposit funds shortly after.
You can open an account in seconds, simply log-in and accept the terms and conditions, we'll then send you details on how to deposit funds shortly after.
James from Northampton
Prizes are drawn around the 15th of each month. The number of tickets you have is based on the balance held in the account at the end of the previous month.
Yes, the savings account is instant access and funds can be withdrawn at any time. Please note that you must keep £1 in the account to keep the account open and be entered into the monthly draws.
Yes, your PrizeSaver account will earn the same dividend rates as your other Commsave savings accounts.
Based on our financial performance, you'll earn an annual dividend, calculated on your average balance throughout the financial year (October to September).
After we've prepared our year end accounts, the Board of Directors ask the members to approve the dividend rate at our AGM each January. This is added to your savings account with no income tax deducted at source.
This is paid into accounts each January. (2023 1.75%, 2022 1.50%, 2021, 2.25%, 2020 2.25%, 2019 2.25%, 2018 2.50%)
*(Expect to return 4.00% for 2022/23, but of course this depends on our financial performance)
Once we are notified of the prize draw winners, we will contact you via email to let you know. If you win the grand prize of £5,000, we will contact you to find out where you want the funds paid.
No, you are able to withdraw the funds in your PrizeSaver account if you have an outstanding loan balance. The funds in this account cannot be used to contribute to a savings multiplier to apply for any loans.
You can download a copy of the full PrizeSaver account terms and conditions below: