Fixed accounts are geared for customers who know that they will not need access to their money until the account matures. This allows you to save for longer term goals and provides the advantage that you know the rate will not change during the fixed term. Often locking your money away in this way allows you to receive a higher rate than less restricted access products.
Your interest rate is fixed for the term of your savings account
Make a one-off payment and let your savings grow
Quick and easy to get setup, with a choice of terms
Your eligible deposits with Cumberland Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.