NewCred is owned and run by its members. Everyone who lives or works in Newham can join.
By becoming a member you will benefit from:
- Flexible savings to suit your needs
- Saving as little or as much as you can afford regularly
- Efficient and friendly service
- Flexible loan repayments- no penalty for early repayments.
- Free life insurance cover for loan and savings
- Getting your salary or benefits paid directly into your account
- Free membership for young savers
- Your money being protected by the Financial Services Authority
You can save for:
- Holidays
- New Kitchen or Bathroom
- Wedding
- Car
- Christmas or other festivals
- Birthdays
- College or university fees
Ways to Save:
- Standing Order through your bank or building society
- Payroll deduction (participating employers only)
- Cash/cheques over the counter at NewCred's office( Cheques take 8 working days to clear)
- PayPoint (outlets throughout UK)
- Cheques by post
It is very easy to join. Just come along to the office bringing with you two forms of identification, one showing your date of birth and the other showing your address (like a birth certificate, passport or utility bill). If you wish to save by standing order, you will need to have your bank details and a minimum of £1 to activate your account.
