15th November 2007 - Royal Mail is launching a new Christmas Club Scheme. This product will offer a secure and convenient way to save for Christmas 2008 and features additional membership rewards that will increase their spending power.  Customers will be able to start saving money at any of our 14,000 Post Office branches from January next year. Post Office managing director, Alan Cook, said "We have been working on this for many months to get the best scheme possible for our customers, to provide them with a way to save small regular amounts which ensures their cash is fully protected and looked after securely for the year until they need it at Christmas".

Funds will be locked away until 1st November 2008 when the Christmas Club card can be used as a pre-paid debit card with retailers signed up to the scheme.  At the moment these include Argos, Boots, Debenhams, Halfords, House of Fraser, Peacocks, Sainsburys, Thorntons, Woolworths and WHSmiths. For more information, or a registration pack, ring 08457 22 33 44.