On 16 December 2021, The Bank of England announced the base rate will increase from 0.10% to 0.25%.
What this means for our customers:
We will be passing on the full Bank of England base rate increase of 0.15% to our variable rate borrowers, with the new interest charge applied from 17 December 2021. Your next loan payment will remain unchanged and we will write to you shortly with full details including your new monthly payment amount. In the meantime, should you have any queries please call 0344 225 3800 or email [email protected].
We are reviewing the situation with regards to our savings rates. If there is a change to your interest rate, we will email or write to let you know. Fixed rate accounts are unaffected. In the meantime, should you have any queries please call 0344 225 3939 or email [email protected]
The personal information you supply to Cambridge & Counties Bank in this form will be processed in accordance with the Data Protection Act 2018 to help your enquiry. We may share this information with other departments, or law enforcement organisations to improve service delivery or for the prevention of crime and fraud where the law allows this. Further information on how we handle your personal information can be found here.