A DUDLEY credit union has launched a money management tool to help people manage their festive finances.

Budgeting for Christmas has never been easier with the free ‘Envelopes’ money management tool, available online and via an app.

‘Envelopes’ is just one of the benefits of the pre-paid Engage debit card, available at Castle & Crystal, which also offers cash back rewards of up to 15 per cent at participating high street retailers.

The money management tool enables people to place money aside for bills, rent payments and other expenses, to prevent accidentally overspending, as well as the ability to save for special occasions and pay bills automatically.

Castle & Crystal, based in New Street, is an ethical, not-for-profit alternative to banks and other financial companies, allowing people to save and borrow money whilst keeping money circulating within the local area.

Everyone who lives or works in Dudley borough and the county of Worcestershire can sign-up and order their free Engage card.

Councillor Rachel Harris, cabinet member for health and wellbeing, said: “This latest launch from Castle & Crystal should bring great benefits to local people who are looking for this kind of account.

“This is an ethical alternative and is aimed at giving back rewards to people when they shop at Christmas and helping them manage their personal budgets at the same time.”

Christmas loans are available from Castle & Crystal to new and existing members until December 19.

For full details about the Engage card or to sign-up for an account, visit www.castleandcrystal.co.uk or call 01384 815771.