Saving with the Cambridge
Millennium Account
Three year savings account for existing customers

Key features

  • A special, high interest, three year savings account exclusive to our existing customers.
  • Open the account with £5,000 or more and invest up to £100,000.
  • You may add to your balance at any time up to the maximum limit.
  • We pay a higher rate of interest if your balance is £50,000 or more. 
  • You cannot take money out of the account before the three year term is complete, unless you close the account and pay an interest penalty:
    Year 1 - 180 days' interest
    Year 2 - 120 days' interest
    Year 3 - 90 days' interest
  • Interest is calculated on the balance of your account at the end of each day. 
  • We pay interest annually on 31st December and when the account matures.
  • Your account will mature and close at the end of three years. 
  • The interest rate is variable and may change from time to time.
  • We provide you with a passbook to help you keep track of your savings and interest.