Your Savings Maturity

Your savings, your choice

By now you may have heard from us about your savings account reaching the end of its fixed term. We want to say thanks for saving with us, and have created this guide to talk you through your options and what the next steps are. 

What can I do when my account matures?

You’ve worked hard for your savings so we want you to have the flexibility to do what you want with your money.

Personal Savings Account

You can decide to either:

  • Reinvest into a new savings account with The Cambridge, you can take a look here to see our full range of savings accounts. If you need some guidance about the different types of savings accounts, check out our handy guide
  • Transfer the balance or part balance to another one or more of your Cambridge Building Society accounts
  • Transfer the balance or part balance to your nominated account (to add a nominated account, call the team on 0345 601 3344, you'll need to provide an email address and mobile number. In some instances we may require a copy of a bank statement that is less than three months old and details your name, address, account number and sort code. For your convenience this document can be emailed to us.)
  • Request a cheque for the full or part balance and close the account

You can provide your instructions in the following ways: 

  • If you are registered for online access, you can provide your maturity instructions via the Maturity Manager
  • Send us a secure message with your instructions 
  • Complete our maturity form and send it to us via post, download the maturity form below or call us to request a copy. The maturity form should always be signed by Signatories or Power of Attorneys

Business Savings Account

You can decide to either:

  • Transfer the balance or part balance to another Business Account with The Cambridge that may be available at the time
  • Transfer the balance or part balance to your nominated account (to add a nominated account, call the team on 0345 601 3344, you'll need to provide an email address, mobile number and bank statement that is less than three months old and details the company name, address, account number and sort code. For your convenience this document can be emailed to us.)
  • Request a cheque for the closing balance

You can provide your instructions in the following ways: 

  • Send us a secure message(s) in accordance with your signing instructions 
  • Complete our maturity form and send it to us via post, download the maturity form below or call us to request a copy. The form will need to be signed in accordance with your signing instructions

Talk to a savings expert

Sometimes it’s nice to talk through things one on one - that’s why our savings experts are on hand to help. It’s useful to discuss your options, the different accounts available and to check whether you’re making the most of your money. Call us today on 0345 601 3344 or pop into your nearest store.

I’ve made a decision – how do I let you know?

If you know what you’d like to do with your savings, just let us know by either:

  • Calling us on 0345 601 3344
  • Visiting your nearest store
  • Send a secure message via your online servicesTo get set up contact the team on 0345 601 3344 to request your User ID*
  • Print and complete a maturity form and return to us using our freepost address: FREEPOST THE CAMBRIDGE BUILDING SOCIETY. If you are paying savings into an ISA in the current tax year, you will need to download an ISA re-subscription form and return it with the maturity form.

If you’ve chosen to move your money to another savings account, please make sure you’ve read and understood the summary box and terms and conditions for that product.

*If you're a Business Account customer, please check your signing instructions on your account before choosing this option, we'll require a secure message from all signatories.

I’m not sure yet, what happens next?

If you don’t want to make a decision right away that’s fine. On maturity, your savings will transfer into the maturity account named in the letter or email we’ve sent you. The terms and conditions and interest rates of our maturity accounts can be found below.

You can always get in touch with us if you know what you’d like to do at a later date.

Our maturity accounts

Maturity Account
e-Maturity Account
Instant Access ISA (Issue 3)
Instant Access Account
Business Saver