Holiday Skip-A-Pay

The holiday season can bring extra expenses, and we're here to help! With Upward's Holiday Skip-A-Pay, eligible members can skip a qualifying November, December, or January loan payment* and enjoy a little extra flexibility when it matters most. Whether you're shopping for gifts, planning celebrations, or simply managing your holiday budget, we've got you covered!

Holiday Skip-A-Pay graphic of marshmallow character relaxing inside a cup of hot chocolate.

Who is Eligible for a Holiday Skip-A-Pay

  • Eligible members will see the Holiday Skip-A-Pay banner inside Home or Mobile Banking.

  • The banner will look like the example shown here.

Which Months Can I Skip a Payment

  • You can request to skip your November, December, or January loan payment.

Which Loans Are Eligible

  • Your loan must be current, have no prior payment extensions, and be at least six (6) months old.

  • Credit cards and loans secured by real estate are not eligible.

Is There a Processing Fee

  • A $40 processing fee applies to each approved Skip-A-Pay request.

  • The processing fee must be available in your S1, S9, S19, or S20 account when you submit your request.

How do I Apply

  • Log in to Home or Mobile Banking and select the Holiday Skip-A-Pay banner or find the link under the Apply menu to access the request form.

  • Submit a separate Holiday Skip-A-Pay request for each loan you wish to skip a payment on.

  • Your request must be received at least fifteen (15) days before the payment due date you wish to skip.

  • Having trouble submitting your request? We're happy to help! Simply email or text us.

How Will I Know If My Request Was Approved

  • A loan officer will notify you by text message approximately five (5) business days after you submit your Skip-A-Pay request to let you know whether it has been approved.

Important Disclosure*

  • $40.00 processing fee per loan.

  • Skipping a monthly loan payment will extend the time it takes to pay off your loan. Interest will continue to accrue on your unpaid loan balance during the skipped payment period.

  • Limit of one skipped loan payment every 12 months, per member. Loans must be current with no prior extension or have not been delinquent more than 30 days more than twice. Loans must be at least six (6) months old.

  • All requests must be in writing, and skips will only be placed on loan suffixes indicated. If your loan payments are normally paid by payroll deduction, understand that the funds will still be deducted, but instead of being applied to the loan, it will remain in the transfer account. This promotion cannot be used for Real Estate secured loans or Visa Credit Cards. Federally Insured by the NCUA.