The holidays are notorious for being a busy time of year. On top of travel, festivities, and the pressures of holiday shopping, managing your budget can add an extra layer of stress. Luckily, there's a solution that can help you navigate the financial aspects of the season with ease – Ascend’s Christmas Club account. If you’re wondering what a Christmas Club account is and whether it’s the right option for you, keep reading.

What is a Christmas Club account?
A Christmas Club is a type of savings account in which members make regular deposits throughout the year. The accumulated savings are then automatically deposited into the member’s checking or savings account before the holiday season to help cover holiday-related expenses.

How does Ascend’s Christmas Club work?
A Christmas Club account is designed to effortlessly accumulate savings throughout the year for use in the holiday season. Christmas Club funds are automatically deposited into the member’s checking or savings account on the first business day of November each year. This automatic process takes the hassle out of saving and can contribute to a stress-free holiday shopping experience. It’s important to note that you can use this account to save for any purpose, and the funds are accessible at any time without incurring penalties.

Is a Christmas Club account right for me?
Our Christmas Club account is a great "set-it-and-forget-it" savings option for all types of goals – from purchasing gifts to funding vacations. Simply set up direct deposit or automatic transfers on a weekly or monthly basis, and watch your savings grow. Your funds will automatically roll into your Ascend savings or checking account on the first business day of November.

As you begin to plan and budget for 2024, consider adding a Christmas Club account to your savings plan. You can easily open a Christmas Club account online or in-person at any of our 27 Middle Tennessee locations.

Plus, now that you have a stress-free way to save for the holidays, make your spending easier by adding your Ascend card to a digital wallet for seamless and secure transactions This added convenience can further enhance your holiday shopping experience.