Vacation Club Tips, Info & FAQs
A limited withdrawal vacation savings account
Want to take an awesome vacation? This account makes it simple. You can set up automatic transfers to it each month so you don’t forget to save. Withdrawals are restricted, so you’ll be incentivized not make any until it’s time to embark on your journey.
4 Ways to Save While You're on Vacation
Vacationing on a budget? Here are some ways to save big:
1. Research public transportation
Public transportation is almost always cheaper than Ubers, town cars, and taxis. However, when you’re overwhelmed with a new city, the temptation towards the pricier options is strong. That’s why you should carefully research public transportation routes and options before you leave. Plan ahead so you’ll feel confident and keep your extra cash.
2. Eat in
Consider getting a place to stay with a small kitchenette, or even just a mini-fridge. This will help you prepare and eat more meals in, rather than paying restaurant prices every time you dine. Even if you don’t have a kitchen, you should go grocery shopping for snacks, rather than paying full price for them at tourist venues.
3. Reconsider souvenirs
These may be a vacation staple, but many times, you’ll never look at a souvenir again once you’ve bought it. Instead, take lots of photos to store your vacation memories. They are more personal, and they are completely free!
Negotiation goes beyond street vendors. You can often negotiate on lodging prices, especially if you want to stay at an AirBnB or another private offering. Be polite, and don’t be too pushy, but also recognize that there’s no harm in asking.
When are vacation accounts paid out?
On April 1st of each year.
How will I receive the funds?
Accumulated funds and dividends earned will automatically be transferred to your United Texas Savings Account.
Can I make any withdrawals on this account?
You may make up to two withdrawals per year if needed. If you exceed this amount, you will be assessed an Excessive Withdrawal Fee per occurrence.
Does this account earn interest?
Yes, it is calculated on the daily balance and paid monthly on the first day of the following month.
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Vacation Club Rates & Calculator
Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Vacation/Christmas Club Account
|Balance of $5 and Over||0.20% APY*|
*APY = Annual Percentage Yield. APY is accurate as of September 1, 2023, and may change after the account is opened. Dividends are calculated on the daily balance during the dividend period and paid to the account monthly. Fees or other conditions could reduce the earnings on the account. Payment of all dividends is subject to the availability of earnings.
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Vacation Club Why United Texas
- Automatic transfers from checking
- You choose the amount
- Restricted withdrawals
- Funds disbursed to you April 1st
- The easiest way to save for your vacation
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Vacation Club How it Works
Opening a Vacation Club account with us is fast and simple.
Give us a call, contact us online, or come into any one of our branches.
Join United Texas Credit Union. All you need to do to become a member is to open a $5.00 minimum savings account.
Open a Vacation Club account and choose what amount of money you would like to deposit each month.
Your saved funds will be automatically returned to your savings account on April 1st, so you can use them in the spring and summer months.
Related Products & Services
Accounts with withdrawals in excess of the account limits will be assessed an Excessive Withdrawal Fee per occurrence and may be subject to closure by the credit union.