Cumberland First Home Saver Ex/C

Full product details for the Cumberland First Home Saver Ex/C savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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2 customers rated their Cumberland savings as 4.0 out of 5 in our 2010/2011 Consumer Finance Awards.
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Cumberland First Home Saver Ex/C Features & Benefits

Account TypeNotice 
Rate TypevariableThe type of interest rate is variable.
Headline Interest Rate2.75%The headline interest rate is 2.75% AER.
Headline Interest Balance£100£100.00
Online AccessnoTransactions cannot be made via the internet.
Branch AccessyesTransactions can be made at branch.
Phone AccessnoTransactions cannot be made by telephone.
Withdrawal Restrictionsnotice or penaltyWithdrawals are subject to 90 days notice or the loss of 90 days interest on the money withdrawn.
Introductory Bonus0%No introductory bonus payable.
Introductory Bonus ConditionsCumberland Morgage/£100 a month for 6 monthsCashback Conditions: A cashback of £250 will be paid providing the following conditions are met: - The customer takes a mortgage through Cumberland Building Society. - The account has been open for a minimum of 6 months and has been funded with minimum £100 per month during this period. Only one cashback of £250 will be paid per mortgage application.
Withdrawal Notice90 daysWithdrawals are subject to 90 days notice or the loss of 90 days interest on the money withdrawn.
Minimum Initial Investment£100The minimum investment is £100. Maximum of £1,500 per month.
AvailabilityrestrictedOnly available to first time buyers of people living in Cumbria, Dumfriesshire, Preston area of North Lancashire and Haltwhistle area of Northumberland.
Customer must hold a Cumberland current account.
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