Customer Information: We will be reducing rates on our open and closed issue variable rate savings products from Tuesday 8 April 2025 as follows:
Click here for more information.
We will be writing out to existing customers from 19 March 2025 confirming these changes.
Important Information: New customers must live within our operating area to open a Savings account.
Rainy days and sunny ones too. Our savings accounts could help you prepare for them all.
Whether you’re looking to save regularly, make one-off payments, or set aside a small amount, we have an account for you. We offer both fixed and variable* rates to suit your financial needs, and each product comes with our exceptional 5-star service.
Setting an account up with us is as simple as 1, 2, 3...
*We offer variable rate products which means that the rates can change over time. If you think that rates may rise, these accounts may be right for you. If you prefer the certainty of a steady interest rate, a fixed rate account may be more appealing. Check out this page and our FAQs for more information.
Discuss your preferred options with one of our friendly advisors.
We’ll set up your brand-new account and let you know when everything is ready.
Fixed rates give you certainty that your rate will not change during the period of your fixed term.
A way to build solid savings habits, automatically setting aside savings each month on a date of your choice.
A notice account offers a higher rate of interest than more accessible accounts without tying your cash up for a fixed term.
Instant Access, Notice and Fixed Rate accounts for business savings
Discuss your preferred options with one of our friendly advisors, who will then open your brand-new account for you.
We’ve packed plenty of hints and tips, explanations and motivational advice all into one convenient space. From explaining the different types of accounts to helping you form good saving habits, we’re here to support you every step of the way.
Rising costs impact everyone in a different way. From increases in your energy bills to dipping into your savings more often, we are here to help. Our Money Worries Hub contains lots of useful information on savings, mortgages, debts and much more.
If you have any questions about your Cumberland Savings account, we hope to answer them all below.
Click the button below to download a PDF summary of our current variable interest rates. This includes interest rates for accounts that are no longer available to open.
