Your master guide to savings accounts at The Cambridge

Be savvy about your savings options

From a new car to a loft extension or perhaps you're longing for a big family holiday, whatever you are planning it's always good to save. But being savvy about your savings options can make all the difference, ensuring that you have the right account in place to help you fund your plans as well as to respond to unexpected financial needs as they arise.

We’ve been helping people get the best from their savings for over 170 years and our goal is to make it easy and really beneficial for our members. Our friendly and expert staff will look after you. They’ll listen to your needs, explain the different types of savings accounts we have, so you can find the right home for your savings.

When you save with The Cambridge you’ll become a member of a local, mutual building society with a reputation for providing the very best service.

We recognise that every one of our customers has different needs when it comes to savings and investing. That’s why we’ve developed a range of simple, easy to understand, savings accounts to suit your circumstances.

Take a look at our saving accounts.

 

Be the boss of your money and keep track of your savings online

You've asked us for more choice in how you manage your accounts with us – that’s why we’ve made your savings accounts (excluding Children's Accounts) viewable securely online. You’ll still need to pop in or call to transact on your passbook based accounts but you'll have the power to view your up-to-date account information in one place and to update your personal details – all from your PC, laptop, tablet or phone!

 

How to view your accounts online

To see a summary of your accounts online, including your account balance, interest rate and transaction history, follow these four simple steps:

Step 1 - Call our Customer Contact Centre on 0345 601 3344 to request a User ID. We’ll email this to you, or if you’re in branch we can give you it right away.

Step 2 - We’ll then send you a temporary password – you will receive this by text.

Step 3 - Click 'Account Login' in the top right hand corner of our website – you’ll need your User ID and temporary password.

Step 4 - You’ll need to set a new password along with a memorable question and answer. Please remember to keep your security information safe.

If you have any queries about how to view your savings accounts online simply get in touch and we'll be happy to help, alternatively take a look through our guides here. 

 

Once you are using our online services, you can also download The Cambridge Money App so you can keep a track of your savings while on the go. Just download it in the App store or on Google Play, and once you've activated it using your online service details you'll be able to login securely using Touch ID or a simple passcode.

 

Is an ISA your ideal savings option?

An Individual Savings Account (ISA) is a tax-efficient way to save or invest for both the novice and experienced saver. If you want to make the most of your tax-free allowance we offer a range of ISAs.

Tax treatment and rate of interest payable will depend on individual circumstances and may change in the future. Visit our guide to read more about ISAs.

 

Other savvy savings options

Here at The Cambridge, we have a range of Savings Accounts available so that customers can choose the one that is best suited to their needs and goals. These are listed below.

Easy access savings

A safe place for your savings which you can add to or withdraw from whenever you like – perfect if you need flexibility for your everyday savings.

Fixed rate bonds

If you are saving for something in particular, or are looking to save for a fixed period of time, then you may want to consider one of our Cambridge bonds.

Children's savings

We offer a range of children’s accounts. The First Account is designed with young savers in mind. You have the option to let your young saver gain access to their money and start to take responsibility for their own savings from the age of 10.

Regular savings

We all have different reasons to save – a car, a house, or even your wedding. If you’re planning a big purchase, Your Saver from The Cambridge could help you get there.

Business and council savings

If you’d like to experience the same consistent personal and expert service when dealing with your business or council savings speak to one of our team today – we have accounts available for both businesses and councils. Our Business Saver account is available to sole traders, partnerships, limited companies, public limited companies, registered charities and housing associations.

Products are subject to availability and may be withdrawn at any time.

 

Money back guarantee if you change your mind

If in the first 14 days of opening your account you decide that the account you’ve chosen isn’t right for you, you can have your money back – without penalty. We’ll arrange to close the account and return your money or to switch your funds to another of our savings accounts. We’ll pay you interest on the balance of your account up to the day before closure at the appropriate rate for the account type.

 

If you need to handle the accounts of someone who has passed away

If you need to settle the affairs of someone who has passed away please call us on 0345 601 3344 and let us help you. You can also visit our helpful bereavement guide of practical steps to take following the death of a loved one.