Do you live in CB5? £25 for you!
Do you live in CB5?
Join and save with us for 3 consecutive months and the England Illegal Money Lending Team will put £25 into your account with us. We are working with the England Illegal Money Lending Team to help support residents of CB5 in Cambridge start saving and have access to affordable credit. The first 50 accounts opened by residents of CB5 postcode in Cambridge who save a minimum of £5 per month over the 3 consecutive months will qualify for an additional £25 added to their savings. All savings are available for withdrawal after the 3-month period via our telephone or our online banking service
If you have a question that is not answered here, please contact us and we will be happy to help
You are eligible for this promotion if you live in CB5 in Cambridge, are over 18 and have not had an Eastern Savings & Loans account before. Please note it offer is only available to one account per household.Join Now
Yes, anyone who lives or works in Cambridge can open an account with us. However only one account per household will qualify for the £25 promotion.
Once you have joined and paid your membership fee of £5 (£2 admin fee & £3 shareholding) you will be sent a letter with your membership number, and our bank details. You can then set up a standing order with your bank or pay in via faster payment to your account using the bank details on the letter. You can also request a Pay Point card to paying cash at any Pay Point location. Please contact us to request yours, these are not ordered automatically. Please Note, Pay Point cards do take up to 4 weeks to receive your card.
To qualify for the additional £25, you need to save a minimum of £5 for three consecutive months. Once this period is over you can call us on 03336 000690 to request a bank transfer.
Yes, your savings are protected by the FSCS up to the value of £85,000.