Save all year and enjoy the holidays debt-free
Pelican's Christmas Savings account lets you set aside a little each month, earn dividends on every dollar, and receive your funds in the first week of November — with plenty of time to shop before the season begins.
How It Works
Less spending. More peace of mind.
- 1
Open a Christmas Savings Account
Open a Christmas Savings account anytime throughout the year. There's no minimum deposit and no monthly fee.
- 2
Set Up Automatic Transfers
Schedule recurring transfers from your checking account — weekly, bi-weekly, or monthly. Save at whatever pace works for you.
- 3
Earn Dividends All Year
Your balance earns dividends from the moment you start saving, with no minimum balance required to qualify.
- 4
Get Your Funds in November
In the first week of November, Pelican disburses your full balance plus earned dividends — right when you need it most.
why bank with pelican
Savings that fits how you actually live
Earn up to 0.25% APY earned on entire balance
Earn dividends on your entire Christmas Savings balance all year long, helping your money grow automatically while you save for the holidays.
Funds disbursed the first week of November
Your full balance plus earned dividends is automatically disbursed the first week of November, just in time for holiday spending.
No minimums. No barriers.
Open your account with any amount and keep it growing without minimum opening deposit or balance requirements.
No monthly service fee
Your balance stays your balance, with no monthly cost to maintain the account.
Automated saving that fits your schedule
Set up recurring transfers from your checking account—weekly, bi-weekly, or monthly—and build your holiday fund on autopilot.
Flexible year-over-year saving
Choose to roll your balance into the next year at maturity so you can keep building without starting over.
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available Account options
An account for every goal
When you open your account, you become an owner, not a line item on someone else's earnings report.
Free Stack Checking & Savings Bundle
Explore Free Stack Checking & Savings BundlePeople who want to earn higher monthly dividends just for using their checking account.
Free Cash Back & Stack Savings Bundle
Explore Free Cash Back & Stack Savings BundleIndividuals looking to earn cash back as they make their everyday purchases.
Money Market
Explore Money MarketPeople wanting a high-earning account for large balances they don’t plan to spend often.
Free Freedom Savings
Explore Free Freedom SavingsPeople who want to use their savings to unlock a lower rate on loans.
Simple Savings Account
Explore Simple Savings AccountPeople who want additional free savings accounts.
