Charity support savings.
Feel good saving
Earn interest on your savings and support charity at the same time.
Saving made simple
Find a charity support account.
How our Mutual Advantage charity support account works.
We want to support local charities doing vital work in our communities, so each of our branches has their own Mutual Advantage account beneficiary partner.
With a Mutual Advantage account not only do you receive interest on your own savings, we also give the nominated branch charities a 0.30% bonus each year, calculated on the average balance of ‘their’ accounts across the year.
Our branch teams review and select their chosen charity annually, taking effect from 1 July. To suggest a new charity, or give us feedback, please contact your local branch between 1 – 31 May. Each charity is permitted to stand for a maximum three-year period.
Following payment of the annual charity bonus we will confirm how much each outgoing charity has received and name the selected charity for the year ahead in our monthly member email newsletter, Freehold Post. You can also ask your local branch for details.
Who we support
Meet our Mutual Advantage charities.
How to open your charity support savings account.
If you’re ready to open your savings account by post you’ll need to do the following:
- Download, read and accept the terms and conditions
- Be an existing member or a new applicant resident in our local postcode areas IP, NR, CO, CM, CB and PE
- Read and retain the Financial Services Compensation Scheme (FSCS) information sheet
We will require proof of your identity to open a new account if you are a new customer. For existing members we may request identification, for example if your records with us are incomplete.
Completed application forms should be posted to Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ.
Excellent service always at Woodbridge. Welcoming staff at the branch.
I always use Nacton Branch for any transactions. They are always most helpful and nothing is too much trouble, even when I need them to explain things they take the time to help me to understand. Lots of different staff but always lovely.
I contacted my local branch with regards saving, I was dealt with politely and with clear information. My cheque was cleared quickly and the transaction confirmed by telephone
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