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Terms And Conditions




To open an account you must

  • Be over 16
  • Be a UK resident for tax purposes
  • Have a current and valid email address
  • Have a current account with another UK bank or Building Society

What you'll need to complete this application

  • Your current address and postcode
  • Your email address
  • Your current account details with another UK bank or Building Society

Privacy notice

Our Privacy notice draws specific reference to our use of credit reference and fraud prevention agency checks to help us to verify you and process your application. Please refer to this notice for further information about how we use your personal data when you apply for an account with us and your privacy rights.

©2019 The Cambridge Building Society. The Cambridge Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number 157223 www.fca.org.uk).

The Cambridge Building Society Registered Office: PO Box 232, 51 Newmarket Road, Cambridge, CB5 8FF. This site is intended for UK residents only. All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security.

Calls to The Cambridge Building Society’s 0345 numbers will be charged at local rate.

Tax treatment and rate of interest payable will depend on individual circumstances and may change in the future.

The Tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.

The Gross rate is the contractual rate of interest payable before deduction of income tax at the rate specified by law.

The Annual Equivalent Rate (AER) is a national rate which illustrates what the gross interest rate would be if interest was paid and added to the account annually.