Interest on the account is calculated daily and can be paid monthly or annually.

The rate is variable which means that Cambridge & Counties Bank can change the interest rate on the account. See terms & conditions, Section 14 for details of when and how the interest rate can change.

Account Opening.

• A minimum initial deposit of £0 must be made within five working days of us notifying you of your account number, with a maximum balance (excluding interest) of £0.
• We reserve the right to close the account if the balance is not maintained above £0
• You may not deposit more than £10m in total across all the accounts you hold with Cambridge & Counties Bank.
• Any deposits must come from the organisation’s nominated current account with a UK based Bank or Building Society by transfer or cheque.
• It’s easy to apply using our application form which is available on our website, or you can call us on 0344 225 3939 and we can send you one
• We accept applications from We are not accepting applications for this account at this time who are based/incorporated in the UK and where they and any related entities (including parent companies, directors, controllers, shareholders, beneficiaries* or trustees) are liable to pay tax in the UK only and are 18 years old or over.
• We are not able to offer accounts to persons who may be liable to pay tax in other jurisdictions or pension schemes.

* Please note that this refers to owner beneficiaries of the charity as a legal entity/business, rather than beneficiaries in terms of individuals a charity supports through their philanthropic endeavours.

Account Management

• You can manage the account via our online savings service at ccbank.co.uk/online-savings-service by phone on 0344 225 3939 or by post.
• You can make additional deposits into your account on any working day, provided the account remains open for deposits. You will find details of when accounts are open for additional deposits on our website at ccbank.co.uk/addingfunds or by calling us. We will provide seven days’ notice of any change on our website. See terms & conditions, Section 5.12 for more details

Contact

• To contact us about the account, email [email protected], use our online savings service at ccbank.co.uk/online-savings-service or call our UK-based team on 0344 225 3939, who will be available to take your calls between 9am-5pm Monday to Friday, excluding Bank Holidays

• If you would like to make a withdrawal, you will need to give us 45 days’ notice through the online savings service, by phone, or complete a notice to withdraw form which is available at ccbank.co.uk/savingshelp and return this to us by post or email.
• Once the notice period has expired, we’ll transfer the agreed funds to your nominated current account and they will arrive no later than the following working day. Interest will continue to accrue on the balance during the notice period up to and including the day prior to the day we transfer the agreed funds to your nominated account.
• You may also transfer funds to other Notice Business Savings accounts with Cambridge & Counties Bank. If you wish to do so, please contact us.

• The account terms & conditions contains important information regarding this account. This document can be found on our website, Savings terms and conditions
• AER (Annual Equivalent Rate) illustrates what the interest rate would be if the interest is paid and compounded once each year.
• Interest is paid gross. It is your responsibility to pay any tax that may be owed to HMRC.
• If you are a micro-enterprise which is a business which employs fewer than 10 people and has a turnover or annual balance sheet of no more than €2 million (or its equivalent) or are a charity with an annual income of less than £1m, you can close your account at any point within the first 14 days of the day you receive a copy of your terms & conditions, without penalty.