The Cambridge gives online savings a boost

The Cambridge Building Society has announced a series of enhancements to its online savings products.

The Society's popular e-Saver and 3 year e-Bond have both been refreshed and have had interest rates increased so that customers nationwide can benefit from these convenient products.

The new e-Saver product offers 2.75% (with a 12-month bonus of 1.0%) previously offering 2.35% (with a 12-month bonus of 0.60%)

The new 3 year e-Bond offers 3.85% previously offering 3.65%

In addition to the increase in rates The Cambridge has extended the range to meet customer demand for those wanting to lock their money away for a slightly shorter period of time.

The 2 year fixed rate e-Bond will give customers 3.50% interest on their savings balances and is available from today at: cambridgebs.co.uk/savings/online-accounts/

Andy Lucas, Commercial Director at The Cambridge says: "We launched our online savings range almost 12 months ago as part of re-launching The Cambridge brand and the demand for these products has gone from strength to strength.

"It's great to be able to offer customers a wider range of competitive products and we will continuously review this to ensure that our online savings remain attractive to customers both locally and nationwide."