For you
- minimum opening balance of £100
- competitive interest rates
- instant access to your savings
- up to 6 instant access penalty free withdrawals each calendar year
- a one-off 20% discount voucher to spend in the club shop
- entry into a Preston North End regular free prize draw
- a special North Enders passbook
For North End
- an annual donation from the Cumberland equivalent to 1% of the total average balance of all North Enders savings accounts during the year
Key Product Information Summary Box
| Account Name | North Enders Savings Account | ||
|---|---|---|---|
| Interest rates (AER) | minimum balance | variable gross interest1 / AER2 | net interest3 |
| £50,000 | 1.25% | 1.00% | |
| £25,000 | 1.00% | 0.80% | |
| £10,000 | 0.70% | 0.56% | |
| £5,000 | 0.45% | 0.36% | |
| £100 | 0.20% | 0.16% | Interest paid yearly on 31st March |
| Tax Status | Interest is paid net of basic rate tax. If you are eligible you may register to receive interest paid gross | ||
| Conditions for bonus payment | No bonus payment applies to this account | ||
| Withdrawal arrangements | Up to 6 instant access penalty free withdrawals each calendar year. If more than 6 withdrawals are made in a calendar year or the account balance falls below £100, your account will be closed and the account balance will be transferred to either an existing or new Instant Savings account | ||
| Access | Local branch Telephone: 0845 601 8396 (transfer between own Cumberland accounts) |
||
- gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law
- annual equivalent rate (AER) illustrates what the interest rate would be if interest was paid and added each year
- 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)
More info
GuideContact us
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(0845) 601 8396
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