Variable interest rates for Savers

A variable rate has an interest rate that may go up or down.

This depends on factors such as inflation, supply and demand and the general economic climate.

Check your variable interest rate

You can find out what your current and previous variable savings interest rate is in our Interest Rates for Savers leaflet.

 

Notification of interest rate changes

This is only applicable to savings accounts that have a variable rate of interest. When interest rates increase we'll advertise the new rates, within three working days of the change, in at least two local newspapers, by placing notices in our branches and on our website or within 30 days of the change, by letter, email or other personal notice.

When interest rates reduce, we will tell you about it up to 14 days before we make the change by letter, email or other personal notice, except where accounts are below the minimum balance or if your account has less than £100 at the time the notice is provided.

 

The Cambridge Money App

You can also keep a track of your interest rate via The Cambridge Money App. The money app from The Cambridge gives you the freedom to keep a check on your finances while you're on the go, access your accounts and balances whenever you need them, right from the palm of your hand.

It's simple to set up and there's no fiddly, multi-character passwords. Just a 5-digit passcode or your fingerprint will give you immediate, secure access to your accounts, so that you can check your interest rate, balance and make transfers. 

Visit our Money App guide to find out more.