Great savings for you, great support for Carlisle United

For you

  • minimum opening balance of £10
  • competitive interest rates
  • instant access to your savings
  • up to 6 instant access penalty free withdrawals each calendar year
  • 5% discount in the club shop
  • 10% discount on hire of function room and conference facilities
  • entry into a Carlisle United regular free prize draw
  • a special passbook

For the Blues

  • an annual donation from the Cumberland equivalent to 1% of the total average balance of all Cumberland Blues savings accounts during the year
Key Product Information Summary Box
Account Name Young Cumberland Blues Account
Interest rates (AER) variable gross interest1 / AER2 net interest3
1.25% 1.00%
Interest paid yearly on 31st March
Tax Status Interest is paid net of basic rate tax. A parent or guardian may register to receive interest paid gross on behalf of the child
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, 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)

To arrange an appointment to discuss opening the right account for you, simply contact us using any of the methods set out on the left of this page

  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)
This site is intended for residents of the United Kingdom only. © Cumberland Building Society 2010. All Rights Reserved.
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