Cambridge Building Society savings rates — compare every account, plus switch offers and guides

Who they are

Cambridge Building Society is a UK mutual building society based in Cambridge, Cambridgeshire. It was formed in 1850 as the Cambridgeshire Permanent Benefit Building Society, adopting its current name in 1945. That makes it one of the longest-standing mutuals in the country, with a history stretching back 175 years.

When you choose to save or take out a mortgage with Cambridge, you become more than just a customer - you become a member, which means you have a say in how the society is managed and how it chooses to give back to the community. The society surpassed £2 billion in assets for the first time in its history in 2024, and customer satisfaction reached a five-year peak, with 95% of customers reporting that Cambridge met or exceeded their expectations.

Savings accounts

The DepositScout data for Cambridge Building Society does not currently list specific savings products. That can happen when rates are being updated or products are temporarily withdrawn from comparison. The society does offer a variety of savings accounts, including ISAs and children's savings. Their app-based Your Saver account is an easy access account that can also be managed online, in branch, over the phone or by post. Rather than quote any figures here, check the live rates shown on this page - those are always the most up-to-date numbers.

Safety and FSCS protection

Cambridge Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. It is covered by the Financial Services Compensation Scheme (FSCS), meaning eligible deposits are protected up to £120,000 per person. Cambridge holds its own separate building society licence, so this limit is not shared with any other brand.

Is it right for you?

Cambridge Building Society suits savers who value the mutual model - a genuine member-owned organisation with deep community roots rather than one chasing short-term profit. The society marked its 175th anniversary with a £1m commitment to address housing and inequality issues across Greater Cambridge, which gives a sense of where its priorities lie beyond the balance sheet.

That said, it is a regional institution rather than a national name, so product availability can be narrower than at some larger providers. If rate is your main priority, use the live figures on this page to compare Cambridge directly against the wider market before deciding.