Cumberland 30 Day Notice Account
Compare the Cumberland 30 Day Notice Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Cumberland 30 Day Notice Account details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Cumberland www.cumberland.co.uk | ||
| Product: | 30 Day Notice Account | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Notice | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 2.10% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Restricted Availability: | New accounts only available to people living in Cumbria, Dumfriesshire, Preston area of North Lancashire and Haltwhistle area of Northumberland. | ||
| Area Restrictions: | New accounts only available to people living in Cumbria, Dumfriesshire, Preston area of North Lancashire and Haltwhistle area of Northumberland. | ||
| Minimum Investment: | The minimum investment required to open this account is £500. | ||
| Maximum Investment: | The maximum investment is £500000 for single applicants and £1,000,000 for joint. | ||
| Minimum Balance: | The minimum balance is £500. If balance falls below £500 Instant Savings Account rates apply. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | None. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 0.80% 0.80% 0.80% £5,000 0.90% 0.90% 0.90% £10,000 1.15% 1.15% 1.15% £25,000 1.45% 1.45% 1.45% £50,000 1.85% 1.85% 1.85% £100,000 2.10% 2.10% 2.10% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Passbook: | A passbook is issued. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions cannotbe made by post. | ||
| Special Access: | 30 days notice required for wdls or 30 days interest penalty. Instant Access if £15,000 is maintained after withdrawal. | ||
| Withdrawal Conditions: | Withdrawal Conditions - 30 days notice required for withdrawals or on demand subject to 30 days loss of interest on the amount withdrawn. However notice and penalty free withdrawals are permitted provided at least £15,000 is maintained in the account after the withdrawal. Penalty-Free Withdrawals Demand withdrawals are allowed where the balance remains £15,000. Closure is subject to 30 days notice, if the notice period is not served 30 days interest penalty will be applied. Immediate closure without notice or penalty is not permitted. | ||
| Fees & Charges | |||
| Withdrawal Notice: | 30 days notice required for withdrawals or on demand subject to 30 days loss of interest on the amount withdrawn. However notice and penalty free withdrawals are permitted provided at least £15,000 is maintained in the account after the withdrawal. | ||
| Withdrawal Notice (days): | 30 days notice required for withdrawals or on demand subject to 30 days loss of interest on the amount withdrawn. However notice and penalty free withdrawals are permitted provided at least £15,000 is maintained in the account after the withdrawal. | ||
| Withdrawal Penalty: | 30 days notice required for withdrawals or on demand subject to 30 days loss of interest on the amount withdrawn. However notice and penalty free withdrawals are permitted provided at least £15,000 is maintained in the account after the withdrawal. | ||
| Withdrawal Charge: | No charge is applied on withdrawals. | ||
| W/d Notice/Penalty/Charge: | 30 days notice required for withdrawals or on demand subject to 30 days loss of interest on the amount withdrawn. However notice and penalty free withdrawals are permitted provided at least £15,000 is maintained in the account after the withdrawal. | ||
| Compare | |||
| Products: | www.cumberland.co.uk Savings | ||
