The Friends of Plane Saver lottery was relaunched in 2018.
Friends of Plane Saver is overseen by a group of volunteer trustees who run the lottery on behalf of the members of Plane Saver Credit Union.
Since launching Plane Saver has become one of the largest credit unions in the United Kingdom.
In 2010 they expanded their field of membership to offer the service to additional Airlines and transportation industries, welcoming the likes of American Airlines and Air Canada on board as payroll partners.
In October 2015, with the support of the Ministry of Defence, Plane Saver launched to offer their service for HM Armed Forces Personnel with deductions straight from their JPA payroll.
Plane Saver now serves over 15,000 members and has lent over £100million to date. You can read their Annual Audited accounts here.
At Friends of Plane Saver treating customers fairly is at the heart of how we operate, with our members at the centre of everything they do.
Our 6 key commitments ensure that you are treated fairly at every stage of your dealings with us, now and in the future.
Keeping quality high
We will treat members fairly and deliver high quality products and services throughout their relationship with us.
Easy to understand
You can expect that all services provided by us will be as described within our policies and literature.
Fair treatment
You can be confident that when dealing with Friends of Plane Saver, your fair treatment is central to our culture.
Plane Saver Credit Union is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.
In respect of deposits, an eligible depositor is entitled to claim up to £75,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £75,000 each (making a total of £150,000). The £75,000 limit relates to the combined amount in all the eligible depositor's accounts with the credit union, including their share of any joint account, and not to each separate account.
For further information about the scheme (including the amounts covered and eligibility to claim) please visit here.