Vacations are essential for your physical and mental well-being. You may be planning the perfect summer vacation, but how will you get around the price tag on your getaway? Do you pull out the plastic and worry about paying your credit card bills when your vacation ends? Would you beg for a loan from friends, risking your most important relationships? Do you live off pasta during the weeks leading up to your vacation and use the money you saved on groceries to cover the trip costs? These 5 ways your credit union can help fund your summer vacation are a much better answer.

You don't have to take extreme or irresponsible measures to fund the perfect summer vacation.

Read about five ways Elevate Credit Union can send you packing for your dream summer getaway.

1. Vacation Savings Account

It's easier to save up for a specific goal when you separate the funds for each particular goal from all your other savings. When you open up a savings account at Elevate Credit Union, with the sole purpose of using it to build funds for your summer vacation, you'll always know exactly how much money you've saved. Plus, your money will grow, helping you reach your goal sooner.

You may have already started saving for summer expenses in your regular savings account. Move that money into your summer savings account now so your vacation funds are in one location.

2. Adventure Time - Visa Credit Card

With our Visa Credit Card, going on vacation is easy. It offers free balance transfers and introductory rates as low as 5.99% apr*, and it is easy to apply. You can check it out online or talk to a loan officer for more information.

 

relaxing on a sunny beach

 

3. Free Budget Counseling

Need help figuring out how to save money? We offer free budget counseling and can show you some tools to help you save for your next vacation. Come into one of our branches or schedule an online appointment to see how we can help you today.

4. Skip-a-Payment

Some credit unions allow qualifying members to skip one loan or credit card payment during the year. You'll get the commercial break without hurting your credit or defaulting on the loan. However, your loan or balance payment plan will extend for another month, and the interest on the skipped payment will be integrated into the principal of your loan or bill.

If you need some extra breathing room this time of year, skipping one monthly payment can help you cover the costs of your summer getaway.

5. HELOC / Personal Loan

If you think you can't save enough money to fund your vacation in time, consider a Home Equity Line of Credit or a Personal loan. You'll get the funds you need for your getaway, and with our affordable rates, you won't go broke paying it back. You can apply online for a personal loan by clicking this link: Apply Online or stop in to apply in just a few easy steps.

Credit unions are the perfect place to put your savings or take out a loan. They are not for profit and can help you get what you need at a better rate. With these 5 ways your credit union can help fund your summer vacation, you are on your way to some much-needed fun!