• Annual Equivalent Rate 2.00% fixed until 17th January 2011 assumes account opened on 17th July 2010.

• Allows you to invest your savings for a fixed term at an interest rate that won't change.

• You need a minimum of £1,000 to open your account.

• This account is only available for new funds and for existing customers with a Cambridge Building Society Fixed Rate Savings Bond which is due to mature whilst this Issue 26 is available. Transfers of funds from existing Cambridge Building Society accounts will not be accepted.

• Once opened you cannot add to your account, but you may open more than one bond.
• Withdrawals are not permitted during the fixed rate term. 
• Interest is calculated daily and is paid on the maturity date.
• Your bond will mature on 17th January 2011.
• This is a limited issue - the bond will be withdrawn when fully subscribed.

The Gross rate is the contractual rate of interest payable before deduction of income tax at the rate specified by law (currently 20%). 

The Annual Equivalent Rate (AER) is a notional rate which illustrates what the gross interest rate would be if interest was paid and added to the account annually.

Tax treatment and rate of interest payable will depend on individual circumstances and may change in the future.