Cumberland Building Society Children’s Savings Accounts

Encourage your child to start saving from a young age with Cumberland Building Society children’s savings accounts. Whatever they are saving for, whether it is a toy or a dream gap year holiday, Cumberland Building Society children’s savings accounts can help your child to enjoy saving. Competitive interest rates can help the money in your child's Cumberland Building Society children’s savings grow, keeping your child interested. Other advantages of Cumberland Building Society children’s savings accounts include:

  • Open an account with just £1 up to a maximum balance of £5,000
  • Withdraw as much as £500 per day
  • Pay into your account what you can, when you can
Cumberland Building Society Children’s Savings Accounts
ProviderAccount NameRate
(AER)
Minimum AgeMaximum Age
CumberlandYoung North Enders/Young Cumberland Blues Account 1.25% 0 16
CumberlandYoung Savers Account 1.75% 0 16
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Cash ISA Selection
ProviderAccountInterest Rate (AER)TermApply
RPI Tracker5 YearsApply Now >
5 year capital protected structured deposit plan offering 100% of any growth in the Retail Prices Index with no cap, or a minimum return of 16%. Also available for Cash ISA and Cash ISA transfer.
8.25% per annumUp to 5 YearsApply Now >
A 5 year capital protected structured deposit plan offering potential early maturity, paying 8.25% a year. Also available for Cash ISA and Cash ISA transfer.
7.25%6 YearsApply Now >
A 6 year capital protected structured deposit plan designed to pay 7.25% annual income. Also available as a cash ISA and ISA transfer.

*Income payments and returns are dependent on the performance of the FTSE 100 index.

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the
Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.