Cumberland Day 2 Day Current Account
Choose from two easy ways to open your next current account.
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An easy-to-use, everyday bank account with no overdraft and no specific amount of funding required for younger people.
Good for young people and those not requiring an overdraft and without the income to meet Cumberland Plus’s funding threshold.
Current Account Switch Guarantee
Switch from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days.
Account Summary
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Cumberland Day 2 Day Current Account
Minimum age
131 Must be main account
Yes Minimum funding requirement
£200 per month for those aged 24 and over. No minimum funding requirement for those aged 23 or under 2 Charge if funding requirement is not met
£2 per month3. Current Account Switch Service
Yes Standing Orders & Direct Debits
Yes Contactless Visa debit card
Yes Visa Secure and One Time Passcode protection
Yes Cash withdrawal at Link cash machines in the UK
£300 per day Mini statements from Cumberland ATMs
Yes Cash withdrawal at Cumberland branches
£500 per day Cash withdrawal in foreign currency outside the UK and debit card payments in a foreign currency
Free4 Cheque book
Available on request to over 18s5(£5 charge per cheque book) Statements
Free Use of all Cumberland branches
Yes Internet banking
Yes6 Mobile banking
Yes Text alerts
Yes Pay2Mobile (Mobile Payments)
Yes Customer Service Helpline
Yes Overdraft facility available
No Unarranged overdraft interest rate
14.99% EAR7 (variable) Credit interest paid into your account
The credit interest rate is the interest rate you would receive on your account balance and paid into your account should credit interest be paid on this account. Gross interest is the contractual rate of interest payable (without deduction of tax) and you will be responsible for paying any tax you owe on interest as per your individual personal savings allowance. Annual Equivalent Rate (AER) illustrates what the interest rate would be if interest was paid and added each year.
Minimum balance £1
Variable Gross Interest8/AER90.00%Credit interest rates correct at 01/02/21.
- Applications from 13-15 year olds must be approved by a parent/guardian.
- You must fund your account with at least £200 per month from an external source. Transfers from other personal Cumberland accounts (except current accounts which require funding of £750 or more per month) will not count towards the minimum funding requirement. Transfers from Cumberland Business accounts will count towards the minimum funding requirement. This requirement does not apply to customers under 24 years of age. In the case of joint accounts, one such source of income is acceptable.
- If you do not meet the minimum funding requirement in a calendar month, a charge of £2 will be applied to the account in the following month. The charge will be applied for every calendar month that the minimum funding requirement is not met. The charge will not be applied if the average balance of your account during a calendar month is £1,000 or above and your account has remained in credit. Further details of this charge can be found in the ‘Account Funding’ section of our Current Accounts leaflet.
- The Cumberland does not charge you to use your Cumberland card abroad but the provider of a cash machine or a retailer may apply a charge.
- In the case of joint accounts, all account holders must be over 18 for a cheque book to be issued. The £5 charge for a cheque book will not apply if the account holder also holds a current account which requires funding of £750 or more per month.
- Internet Banking is a requirement for all new accounts where all applicants are under 24.
- Effective Annual Rate (EAR) is the actual annual rate of an arranged overdraft. It does not take into account other fees and charges.
- Gross interest is the contractual rate of interest payable (without deduction of tax) and you will be responsible for paying any tax you owe on interest as per your individual personal savings allowance.
- Annual Equivalent Rate (AER) illustrates what the interest rate would be if interest was paid and added each year.
Apple Pay
Apple Pay is simple to use in shops, apps and on the web. Pay with your Cumberland debit card with just a touch
Google Pay
You already use your phone for just about everything. Now you can pay with it using Google Pay in shops and apps too
Day 2 Day FAQs
Have any questions about this account? Click the button below to find out more, call (01228) 403 141 or visit your local branch.
Charges and Terms
Find out more about the fees for using the main services linked to our individual current accounts.
Documents to Download
A range of documents for you to download, providing more information about our Current Accounts.
Fraud and Internet Security
Keeping yourself and your money safe
We do a lot to help protect you from fraud. Take 5 minutes to read our top tips on what you can do to protect yourself even better from fraud.
Your eligible deposits held by a UK establishment of Cumberland Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
Please click here for further information or visit www.fscs.org.uk.