Rainbow Saver Anglia Credit Union Limited

Rainbow Saver Anglia Credit Union Ltd was founded in 2001. Offering safe savings, affordable loans, Contactless Visa Debit Card, Budgeting Accounts and other financial services to the people of Cambridgeshire, Suffolk and South Norfolk.

Important Customer Information:

Letters will be sent out to members, week commencing 14th June 2021, as the Credit Union Board is proposing to permanently close the credit union. We will not be accepting new members or making new loans.

The first thing to say is that your money is completely safe, this is a planned controlled closure, not a collapse.

There will be a period of about 2 months where we help members make alternative arrangements – another credit union will look after our Debit card members, and we can refer you to other credit unions so that you may continue to get savings accounts and loans.

In the short term there is no change, your money will continue to be processed as usual.

If you would like a phone chat about your own account, please send your phone number by email to patsy@rainbowsaver.org.uk or send a text message requesting an appointment to 07745 795865 or Peterborough members can text 07549 237364

We are very sad to be giving you this news. Our goal now is to make sure we help you find suitable alternatives.

Rainbow Saver Information:

Lowestoft office is closed – Members should use text service as shown below for enquiries while staff work from home.

Peterborough and Lowestoft branches remain closed to the public until further notice.

Please contact us by text message or email

All wages, benefits and payments will be processed as usual and regular payments sent to bank accounts and Change cards.
Loan applications should be posted or emailed to Head Office as our Peterborough team are not able to access the loan portal.

Post to:
Rainbow Saver Anglia
229 London Road South,
Lowestoft NR33 0DX

To contact us for any enquiries or payment requests,
(please do not leave voicemail messages on our landline)

Please use our new TEXT mobile phone service.
Put your name or member number first, then a short text message

For Lowestoft
Text: 07745 795865
Email: patsy@rainbowsaver.org.uk
Landline: 01502 584854  (voicemail is switched off)

For Peterborough
Text: 07549 237364
Email: stephanie.mccombie19@gmail.com
Landline: not available as team all working remotely

The Change Card Has Now Closed:  Please see Information Here: Click/Touch

New Contactless Visa Debit Card Launched 26th November 2020 – Click/Touch Here for More Details


We’ll always encourage you to save. It’s what makes us great.



Our Starter Loans are small loans for new customers.


Join Us

Anyone who lives, works, studies or volunteers in Cambridgeshire, Suffolk or South Norfolk can join us.


What is a Credit Union?

We are a bit like a bank – but we are not for profit.

Find out more


Use our Jam Jar account to help you manage your money.

Jam Jar Account


We are always looking for volunteers and financial support.


The Engage Account

  • FREE to open an account (age 16+)
  • FREE digital app and contactless Visa Debit card
  • FREE additional card for joint account
  • No cost to make a purchase within the UK
  • Free cashback service at participating retailers
  • Pay by transfer/standing order/direct debit
  • Pay cash in at PayPoint or Post Office (coming soon)
  • Send/request money from others
  • Budget with Engage Envelopes™
  • FREE alerts to help you track your spend in real time
  • Cashback rewards on everyday shopping and services

Smartcash Junior Member Account

  • The Credit Union account for members aged 8-16
  • Teach the kids cashless money management skills
  • FREE junior digital mobile app
  • Debit Card with safe spending/withdrawal limits
  • Request pocket money from parents, receive cash gifts (e.g. birthdays) or from employers/part time job
  • Send money to Credit Union savings account
  • Parents/guardians have full authorisation
  • NO management fees or costs for purchases made within the UK