Additional Services
€25,000 in prizes every month!
The Members Draw adds an extra benefit to being part of Phoenix Credit Union. It is a simple way for eligible members to take part in regular prize draws while continuing to enjoy the wider value of membership.
The cost to enter works out at just €1 per week, taken as an annual deduction of €52. This deduction will automatically be deducted from your available shares on the 30th of September each year. Monthly winners will be notified personally by telephone or post.
- Top Prize: €15,000
- 5 prizes of €1,000
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10 prizes of €500
Prize Draw FAQs
The draw will now be funded by a single annual deduction of €52 from your shares, taken on 30th September every year.
This covers 12 monthly draws (Oct – Sep) and any additional bumper draws that take place throughout the same period.
If you join after September 30th, the annual fee will be adjusted on a pro-rata basis to reflect the number of months remaining until the next annual deduction in September.
For example:
- Join in October: Pay €48
- Join in November: Pay €44
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By completing the new web-form on our website
or
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By completing the entry form in one of our 4 branches.
- The deduction is made from the member’s available shares in their share account.
- Members must have at least €52 available for the deduction.
- To keep the account open, a minimum balance of €5 should remain after deduction.
Winning members are notified personally by phone or post.
Results are then posted on our social media channels and in-branch.
You must be 18 years or older on or before the draw date.
Downloadable Documents
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Members Prize Draw - Terms & Conditions
PDF · 91 KB Download
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