Credit Union
A range of savings and loan options
Credit Union : Introducing Plane Saver
Plane Saver was founded in 1993 by a group of British Airways Engineers. They had a passion to provide a range of flexible savings and affordable loans to their colleagues. Since launching, Plane Saver has become one of the largest credit unions in the United Kingdom

In 2010 they expanded their field of membership to offer the service to additional Airlines and transportation industries, welcoming the likes of American Airlines and Air Canada on board as payroll partners. In October 2015, with the support of the Ministry of Defence, Plane Saver launched  their service for HM Armed Forces Personnel with deductions straight from their JPA payroll. They extended their partnership to BA Clubs in 2018

Plane Saver now serves over 20,000 members and has lent over £100million to date.

Here is a summary of the products we offer:

Saving Products

Regular Saver. Deposit by Direct Debit or from your pay. Perfect for those unexpected bills, emergencies or for something special

Prize Saver. Get entries to win cash prizes of up to £5,000 when saving with Prize Saver. Saving feels good, winning feels great!

Flexi Saver. The Flexi Saver gives members the option to save any amount each month, which they can access at any time

Junior Saver. The Junior Saver allows you to save for your children direct from your pay, so you won’t even miss it. Start from as little as £1.00

Christmas Saver. There's never a bad time to start your festive nest-egg. Save as much or as little as you like each week or month to cover the cost of Christmas!

Loan Products

Debt Consolidation. Borrow up to £25,000. Pay off your existing debts, lower your interest rate and make one easy monthly payment

Personal Loan. Affordable loans suited to your needs and circumstances

Car Loan. Whether you need a loan for your deposit or the full purchase, we can help

Holiday Loan. Staycation or vacation, we've got you covered

Home Improvement Loan. Borrow between £1,000 and £25,000 and make your dream home a reality

Wedding Loan. Our Wedding Loan could help you make your dream day a reality. You can apply to borrow up to £25,000

For more information and to get a quote, click here

Plane Saver Credit Union is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.

In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor's accounts with the credit union, including their share of any joint account, and not to each separate account.

For further information about the scheme (including the amounts covered and eligibility to claim) please visit here.