BusinessFinancing.co.uk

Compare Business Bank Accounts & Loans

In partnership with:
NerdWallet, Swoop & Capital On Tap

Cambridge Building Society Business Banking

The Cambridge Building Society is a Cambridge-based independent mutual society, which can trace its history back to 1850. The Cambridge Building Society is heavily focused on supporting local businesses and community enterprises. There are 13 branches located throughout Cambridge.

There are three competitive savings products available for sole traders, partnerships, limited companies, and registered charities, housing associations, clubs and associations. There’s no current account available.

Cambridge Building Society Business Banking

Cambridge Building Society Business Banking Services

Current Accounts

Not available.

Savings account

There are three savings accounts available to small businesses and sole traders, and local councils.

Business Saver
Earn 0.25% AER
on your savings. You can deposit a minimum balance of £1,000 up to £2,500,000. You can’t open an account online, but you can open one in branch or through the post. You can withdraw cash up to twice a month.

Council Saver
This account is only available to parish and town councils. Earn 0.25% AER on your savings. You can invest between £1,000 and £2,500,000. You can only manage your account in branch or through the post. You can withdraw cash up to twice a month.

Notice Business Saver
Earn 1.10% AER on a minimum balance of £10,000 up to £2,500,000. You can only manage your account in branch or through the post. You can withdraw for free if you give 100 days’ notice.

Overdrafts

Not available.

Business finance and loans

Not available.

Cambridge Building Society Reviews and Ratings

There are no live reviews on Trustpilot or Reviews.co.uk. There’s just one rating on Smart Money People, which is very positive about the branch staff and competitive interest rates.

Cambridge Building Society isn’t included in the Which? list of ‘Best & Worst Banks’.

The Cambridge Building Society opened a new store in Great Shelford in July 2019, with upgraded counters and plenty of space for customers to speak to advisors and manage their accounts.

Trustpilot – not available
Reviews.co.uk – not available
Smart Money People – 5/5
(based on 1 review)
Which?
– not included

Pros

  • A more community-focused way to invest savings.
  • Choice of savings accounts available.
  • Ideal for businesses local to Cambridge.

Cons

  • You can’t bank online, so the accounts are less useful for businesses based outside of Cambridge.
  • Interest rates are better elsewhere.

Website: Cambridge Building Society Business Banking

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



business bank account

Top 51 Business Bank Accounts

Top 47 Startup & New Business Bank Accounts

Top 17 Business Overdrafts

Top 35 Business Savings Accounts

free business banking

Top 20 Free Business Bank Accounts

Top 41 Sole Trader Bank Accounts

About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2021 BusinessFinancing.co.uk