Premium Savings account
Premium Savings Account
Step up your savings with our Premium Savings Account and earn interest of 5.00% AER! Deposit between £500 - £25,000!
Premium Savings Account
Unlock the potential of your savings with Cambrian Credit Union's Premium Savings Account! Earn a fantastic fixed interest rate of 5.00% AER over 12 months on deposits between £500 and £25,000. Your money is safe with FSCS protection up to £85,000, and you have the flexibility of up to two withdrawals during the fixed term. This limited-time offer is available to those who live or work in Wales and qualify for membership, so be sure to deposit your funds by 12:00pm September 1st, 2025.
How do I open my account
Simply download and complete our application form in the link below, stating how much you wish to save, then send back to our finance team at finance@cambriancu.com with the requested information and documents.
Our team will then get back to you with confirmation of the account set up and any guidance you need. It's as simple as that!
Not a member? Join us today!
Download form Become a Member
Interest Rate
5.00% AER
Deposit
Between £500 and £25,000 only
Term
12 months term - earn interest from 2nd September 2025 to 1st September 2026
Deposit Deadline
All funds must be in place before 12:00pm 1st September 2025. If funds are not in place you will not be eligible for the account
Withdrawals
Maximum of two withdrawals during the fixed term period
Limited Time Offer
Premium Savers Account is a limited offer and may be withdrawn prior to 2nd September 2025
Savings Protected
As a member of the Government-backed Financial Services Compensation Scheme, your total savings are protected up to the value of £85,000.
Estimated balance after 12 months based on a range of deposits?
Initial deposit amount | Balance after 12 months | Interest earned |
|---|---|---|
| £500 | £525.00 | £25.00 |
| £5,000 | £5,250.00 | £250.00 |
| £10,000 | £10,500.00 | £500.00 |
| £15,000 | £15,750.00 | £750.00 |
| £20,000 | £21,000.00 | £1,000.00 |
| £25,000 | £26,250.00 | £1,250.00 |
No withdrawals made in any month: bonus condition is met
These are only examples and do not take into account your individual circumstances. They assume that no further deposits or withdrawals are made, there is no change to interest rates / tiers and any interest earned stays in the account.
Premium Savings account FAQs
Have a question? Check below to see if it is answered in our Frequently Answered Questions.
Download our Mobile App on the App Store or Google Play Store, click the Join button and follow the steps to become a member.
To utilise our products and services and to maintain those services, Cambrian charge a one off set up fee for new members of £5, followed by a membership fee of £5. The yearly membership fee is taken on the anniversary of joining the credit union.
To maintain activity of your account members must have £5 worth of shares in place at all times.
Deposits can be made via a Payment Link which is sent once the online application is submitted, Standing Order, Benefits or Cash over the counter at one of our branches.
For more information of our fees please click on this link
Simply download and complete our application form, stating how much you wish to save, then send back to our finance team at finance@cambriancu.com with the requested information and documents.
No, the interest rate is fixed when the account is opened and will stay the same until the product term ends.
Yes you can but only a maximum of two withdrawals during the fixed term period.
Your account maturity date is based on your product term and account opening date. All funds and interest will be returned to the members main share account at the end of the term.
Yes. As a member of the Government-backed Financial Services Compensation Scheme, your total savings are protected up to the value of £85,000.
Choose from Standing order, Online banking, Cash at one of our branches or through our app. Or why not save directly through you salary through Payroll Savings.
Cambrian Credit Union Limited
Sort Code: 08-92-50
Account Number: 67005527
For your reference please input your Cambrian member number
Transfers are processed at the following times Monday - Friday (Excluding bank holidays)
9.30am, 10:30am, 12:00pm, 2:00pm and 4:00pm.
For example if transfers are received at 10:00am these will be processed at 10.30am. If transfers are received after 4:00pm these will be processed the following day (Excluding bank holidays and weekends)
Warning: Late repayment can cause you serious money problems. For help with your account please contact our team on 0333 2000 601, email info@cambriancu.com or visit https://www.cambriancu.com/contact-us . For financial advice visit www.moneyhelper.org.uk
