Smart Saver Account Application | Welcome to Enterprise Credit Union

Smart Saver Application Form

Available from 1st April 2026. Applications submitted before this date will be processed once the account becomes available.

6.17% AER (Fixed) | Save from £25 per month

The Smart Saver is a fixed-rate regular savings account designed to help you build your savings gradually through affordable monthly deposits.

It offers one of our highest available interest rates and is ideal for members who want to save little and often while earning a guaranteed return.

You can open this account at any time. All accounts mature on 31st March 2027. The sooner you start saving, the more time your money has to grow.

Key Account Information:

• Interest Rate: 6.00% Gross / 6.17% AER (Fixed)
• Fixed Rate Period: 1st April 2026 to 31st March 2027
• Minimum Monthly Deposit: £25
• Maximum Monthly Deposit: £200
• Maximum Balance: £2,500
• Interest Paid: Monthly
• Withdrawals: One permitted during the lifetime of the account

Important Information:

• You must deposit at least £25 per month to keep the account active
• If the account is closed early, you may lose up to 31 days’ unpaid interest
• The account will mature on 31st March 2027 or when the balance reaches £2,500
• At maturity, your account may automatically renew unless you instruct otherwise
• You must be aged 18 or over and a member of Enterprise Credit Union
• Eligible deposits are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS)

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Personal Details

Title

Membership Number

(Please leave box blank if not available, or if you're not yet a member of Enterprise Credit Union)

Name(Required)

First Last

Date of Birth(Required)

Email(Required)

Mobile Number(Required)

Landline Number (optional)

Address(Required)

Street Address Address Line 2 City ZIP / Postal Code Country

Smart Saver Payment

I would like to open a Smart Saver account with Enterprise Credit Union.

Amount (£)(Required)

Please enter a number from 25.00 to 200.00.

Frequency(Required)

Payment Method(Required)

Please specify how you will make your payments (e.g. Bank Transfer, Standing Order, Benefit Payment)

Terms & Conditions(Required)

I confirm that I have read, understood and agree to the Terms & Conditions.

Please review the Terms & Conditions below before submitting your application.

1. Definitions

■ The Smart Saver (2026/27 Issue) is a fixed rate regular savings account.
■ AER (Annual Equivalent Rate) shows the total interest payable over 12 months.
■ The Fixed Rate Period runs from 1st April 2026 to 31st March 2027.
■ The account will mature on 31st March 2027 or when the balance reaches £2,500.
■ “Lifetime of the Account” means from account opening until final closure.

2. Account Overview

■ Interest Rate: 6.00% Gross / 6.17% AER (Fixed).
■ Minimum deposit: £25 per month.
■ Maximum monthly deposit: £200.
■ Maximum balance: £2,500.
■ Interest is calculated daily and paid monthly.
■ One withdrawal permitted during the lifetime of the account.

3. Eligibility

■ You must be aged 18 or over.
■ You must be a member of Enterprise Credit Union.
■ You must hold a Share 1 Account.
■ Only one Smart Saver account is permitted per Member.

4. Interest

■ Interest is fixed for the duration of the account.
■ Interest is calculated daily on cleared balances.
■ Interest is paid monthly into the account.
■ Early closure may result in loss of unpaid interest (up to 31 days).
■ Renewal rates may differ and will be advised in advance.

5. Deposits

■ Minimum £25 must be paid each month.
■ Maximum £200 per calendar month.
■ Deposits above this may be returned or transferred to your Share 1 Account.
■ Failure to meet minimum payments may result in account closure (with notice).
■ Once the balance reaches £2,500, the account will mature.

6. Withdrawals

■ One withdrawal permitted during the lifetime of the account.
■ This allowance does not reset upon renewal.
■ Closing the account early will result in loss of unpaid interest.

7. Maturity and Renewal

■ The account matures on 31st March 2027 or when the balance reaches £2,500.
■ Accounts may automatically renew unless instructed otherwise.
■ You will be contacted before maturity with available options.

8. Taxation

■ Interest is paid gross.
■ You are responsible for declaring any tax due.

9. Closure

■ Enterprise Credit Union may close or withdraw this product with reasonable notice.
■ If closed early, unpaid interest may be lost.

10. Protection

■ Eligible deposits are protected up to £120,000 by the FSCS.

11. Important Information

■ Limited access – only one withdrawal permitted.
■ Early closure reduces returns.
■ Renewal rates are not guaranteed.

E-Signature(Required)

Please type your full name as your digital signature

Date(Required)