Cumberland Building Society - Savings - Regular saver account

For your regular savings

available to those with a personal Cumberland current account

offering a special interest rate as long as you save anything from £10 to £250 every month

can only be opened as a share account

minimum balance	gross interest (1) / AER (2)	net interest (3)
£10	5.60%	4.48%

(1) gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law

(2) annual equivalent rate (AER) illustrates what the interest rate would be if interest was paid and added each year

(3) net interest is the rate of interest which would be payable after allowing for the deduction of income tax at 20%, i.e. the rate specified by law. (net interest rates have been rounded and are for illustrative purposes only)

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