Join the credit union andget £25 added to your savings
Build secure savings, with a reward to get you started
Work for Transport for London, or in a health or educated-related role in Greater London? Get a free £25 reward just for opening an account with us and saving regularly from your salary
Join and start saving
Apply to become a credit union member with regular contributions from your salary
Join and apply for a loan
Apply for a loan of up to £15,000 and build savings as you pay it back
Save from as little as £10 per month
Get a £25 top-up after saving for 3 months
FSCS protected credit union
Who's eligible
You are eligible to recieve a £25 bonus for joining the credit union if you:
Are directly employed by Transport for London (TfL)
You work in a health or education-related occupation based anywhere in Greater London See eligible job titles
How it works
Join online
Save at least £10 for 3 months in a row
Once you've saved £30, we'll add £25 to your savings
Keep it going, and build savings directly from your pay
Working with the UK Ilegal Money Lending Team to raise awareness of credit unions and to provide an alternative to ilegal lenders. More about Loan Sharks
£25 Savings Bonus – Terms and Conditions
This £25 savings bonus offer is subject to availability, credit union membership criteria, and our Membership & Savings Terms & Conditions. London Mutual Credit Union reserves the right to withdraw this offer at any time without prior notice.
Eligibility Requirements:
To qualify for the bonus, you must:
- Be a new member who has not previously held membership with London Mutual Credit Union
- Meet our standard membership eligibility criteria
- Be currently employed by Transport for London Limited, OR hold a health or education-related job title with your place of work located in Greater London
Qualifying Conditions:
Upon joining, you must set up a regular monthly savings payment of at least £10 into your Membership account via payroll deduction. The 3-month qualifying period begins from the date of your first savings payment. To receive the bonus, you must save either:
- A minimum of £10 in each of the first 3 consecutive months of membership, OR
- A cumulative total of at least £30 over the first 3 months of membership
Your membership account must remain open and in good standing at the time of bonus payment.
Bonus Payment:
Eligible accounts will be monitored automatically during the qualifying period. The £25 bonus will be credited directly to your account within 30 days of meeting the eligibility criteria. Payment of the bonus remains at the absolute discretion of London Mutual Credit Union.
Additional Terms:
- This offer is limited to one bonus per person/member. Multiple accounts or applications will not qualify for additional bonuses.
- London Mutual Credit Union reserves the right to verify employment status and eligibility at any time. Proof of employment may be requested.
- Any suspected fraudulent activity or abuse of this offer may result in disqualification and/or account closure.
Questions?
For queries about this promotion, please contact us.