Partners Credit Union is a financial cooperative that was established in 1993 initially for employees of Liverpool City Council. Since then it has extended its field of membership to include anyone who lives or works in Merseyside.
Cash ISA
The Partners Credit Union Cash ISA lets you earn interest on savings, tax-free, of up to £20,000 for tax year 2020-2021. An initial deposit of £100 is required to open an account. With this ISA you can make withdrawals at any time without incurring redemption or penalty fees or any other costs. The interest rate is a very competitive 1% AER. To open this Cash ISA you need to be aged 16 or over, a member of Partners Credit Union for at least 3 months, and resident in the UK for tax purposes. This Cash ISA includes free life insurance.
Other Services
Partners Credit Union offer a range of related financial services including savings, loans, insurance, protection and more.
Partners Credit Union Reviews and Ratings
There is currently only one Facebook review online for Partners Credit Union. This customer is very happy stating that ‘all of the staff are always really friendly and explain everything clearly’.
Facebook – 5/5 (based on 1 review)
Pros
- Specialist Cash ISAs
- Includes free life insurance
- Instant access to money with no fees or penalties
- Protected by the Financial Services Compensation Scheme
- Quick easy online signup
Cons
- Cash ISAs only
- Stocks and Shares, Lifetime ISAs or other ISA types not offered
- Transfers in not accepted
- £20 joining fee
- A lack of online reviews and customer feedback
Website: Partners Credit Union