CASH BUILDER NOW OPEN TO NEW POLICYHOLDERS- JOIN US TODAY
The easy, flexible way to save and watch your money grow.
Save towards the future, your way
Whether you're planning a special holiday, building a financial cushion, or simply putting money aside for the years ahead, the Cashbuilder Plan offers a straightforward way to save regularly and build a tax-free lump sum.
Designed for people aged 16 and over, Cashbuilder allows you to start saving from as little as £5 a month. You can contribute up to £25 a month, or save quarterly or annually, with a maximum contribution of £270 per year.
A long-term savings plan with tax-free benefits
Cashbuilder is a tax-exempt, with-profits endowment policy designed for long-term saving. You can choose a term between 10 and 25 years, helping you build a valuable lump sum over time.
If the plan is maintained to maturity, the proceeds are currently free from UK income tax and capital gains tax, making full use of your Friendly Society tax-exempt savings allowance. Tax treatment depends on individual circumstances and may change in the future.
Small contributions can make a real difference
Regular savings don't have to be large to be worthwhile. By setting aside affordable amounts over the lifetime of the plan, you can steadily build a sum that could help fund future goals, provide additional financial security, or support unexpected expenses.
As a with-profits plan, Cashbuilder provides a guaranteed minimum maturity value, with the potential for additional returns depending on investment performance and bonuses declared by the Society. Future bonuses are not guaranteed.
Built-in protection for your loved ones
Although we hope it is never needed, Cashbuilder includes a valuable life cover benefit. If you die during the term of the plan, your beneficiaries will receive the premiums paid plus an additional 3% interest.
Important information
Cashbuilder is intended as a long-term commitment. If you cash in the plan early, particularly in the first few years, you may receive less than you have paid in and surrender penalties may apply. The recommended holding period is the full term selected when the plan is taken out.
About the Society
The Cashbuilder Plan is issued by the Grand United Order of Oddfellows Friendly Society, a mutual organisation with no shareholders. The Society is run for the benefit of its members and customers.
Taking out a Cashbuilder Plan does not automatically make you a member of the Society. Policyholders are allocated to a branch and may choose to apply separately for membership, giving them the opportunity to become involved in the wider Oddfellows community and member activities.
For the full definition of a qualifying policy under HMRC rules mentioned in the application, please click here >
JOIN US TODAY
When you are ready to apply please complete these forms:
APPLICATION FORM
STANDING ORDER FORM
Your personal information
We collect and process personal information only where necessary to administer your policy and provide our services. Personal data is handled in accordance with applicable data protection legislation and our privacy policy.