Opening a Club account is an excellent way to save and earn dividends for future Christmas and vacation expenses, especially when used with payroll deduction. Once your Club account is open, a specific dollar amount that you set can be deducted from each paycheck and transferred into a Club account. This money will earn dividends - so you make money while you save money. Before long, you'll have a nest egg built and can enjoy a nice vacation or go Christmas shopping without having to worry about where to get the funds.