Our charity deposit accounts comparison tables are 100% independent and completely unbiased.

Disclaimer: All rates are subject to change, please check with the bank or building society before investing.

Scroll down to see charity deposit accounts for instant access, 7 day notice, 30 day notice, 60 day notice, 90 day notice, 6 month notice, 12 month notice, 1 year fixed, 2 year fixed and 3 year fixed.

Instant Access

CompanyName of AccountAERMinimum DepositType of Account
Business Saver Take 2 - Locals0.90%£5,000Post
Everyday Saver
(Expected Profit Rate)
(Issue 2)
0.80%£500Internet
Telephone
Branch
Post
Charity Instant
(Issue 2)
0.80%£1,000Internet
Post
Education Community Easy Saver
(Issue 1)
0.75%£1,000Internet
Post
Ethical Easy Access 0.75%£10,000Internet
Post

7 Day Notice Account

CompanyName of AccountAERMinimum DepositType of Account
No accounts currently available

30 Day Notice Account

CompanyName of AccountAERMinimum DepositType of Account
35 Day Business Savings Account
(Issue 4)
1.20%£10,000Internet
Telephone
Post
Community Deposit Maxi Account (1st Issue)
Available to clubs, associations and registered charities who are based in Nottinghamshire, Derbyshire or South Yorkshire.
1.15%£500Branch
Post
1st Issue Club Saver0.90%
0.85%
0.80%
0.75%
£100,000+
£50,000+
£10,000+
£1,000+
Branch
Post
1st Issue Business Saver0.90%
0.85%
0.80%
0.75%
£100,000+
£50,000+
£10,000+
£1,000+
Branch
Post
Education Community Saver 35
(Issue 3)
0.60%£1,000Post

60 Day Notice Account

CompanyName of AccountAERMinimum DepositType of Account
60 Day Notice Account
(Expected profit rate)
1.00%£250Internet
Telephone
Branch
Post
60 Day Notice Account0.90%£1,000Post
45 Day Business Notice
(Issue 4)
0.60%£5,000Internet
Post

90 Day Notice Account

CompanyName of AccountAERMinimum DepositType of Account
100 Day Charities' Notice Savings Account
(Expected Profit Rate)
1.40%£50,000Telephone
Post
Education & Community Saver 90
Issue 1
1.20%£1,000Post
Charity 90
(Issue 2)
1.00%£5,000Internet
Post
95 Day Business Notice
(Issue 4)
0.80%£5,000Internet
Post

6 Month Notice

CompanyName of AccountAERMinimum DepositType of Account
No accounts currently available

12 Month Notice Account

CompanyName of AccountAERMinimum DepositType of Account
12 Month Fixed Rate Saver
Issue 2
1.40%£1,000Post

1 Year Fixed Rate

CompanyName of AccountAERMinimum DepositType of Account
Unincorporated One Year Fixed Rate Bond1.31%£5,000Branch
Post
Charity 1 Year Bond1.30%£5,000Branch
Post
Community Fixed Term Deposit Account1.15%£5,000Branch

2 Year Fixed Rate

CompanyName of AccountAERMinimum DepositType of Account
Fixed Term Deposit
(Expected profit rate)
1.41%£1,000Internet
Telephone
Branch
Post
Charity 2 Year Bond1.35%£5,000Branch
Post
Fixed Rate Deposit1.15%£1,000Branch
Post

3 Year Fixed Rate

CompanyName of AccountAERMinimum DepositType of Account
Fixed Term Deposit
(Expected profit rate)
1.51%£1,000Internet
Telephone
Branch
Post
Fixed Rate Deposit1.20%£1,000Branch
Post
3 Year Business Bond
(Issue 20)
1.10%£5,000Internet
Post

Charity Deposit Accounts

If you’re a Charity and want to open a Charity deposit account, it’s essential that you shop around. When compared to personal savings accounts, Charity deposit accounts offer lower interest rates and a low number of accounts, making it the more important to research for the best rates.

Our Charity deposit account best buy tables, are independent and 100% unbiased.  The Charity deposit accounts on offer are, instant access, 7 day notice, 30 day notice, 60 day notice, 90 day notice, 6 month notice, 12 month notice, 1 year fixed, 2 year fixed and 3 year fixed rate deposit accounts.

Naturally, the longer your organisation ties up the capital invested in a Charity deposit account, the higher the interest rate. The rate can be boasted further by the amount of money invested in an account. A number of Charity savings accounts use an interest rate tiered structure. Before opening a Charity deposit account, you should consider the type of access you want from the account.

Applicable compensation scheme

The accounts featured in the above table are covered by a number of different compensation schemes.

For banks and building societies who are members of the Financial Services Compensation Scheme (FSCS) you should check whether your charity meets the qualifying criteria. The following information is taken from the FSCS website:

FSCS was set up mainly to assist private individuals, although some smaller businesses are also covered. Larger businesses are generally excluded, although there are some exceptions to this (for example for claims in respect of certain compulsory insurances). Our rules tell us which claims are eligible and form part of the FSA’s Handbook of rules and guidance, under Redress, Compensation.

As an indicative guide only, for the purposes of deposit and investment claims, smaller companies are protected. A smaller company must meet two of the following criteria (as set out in section 247 of the Companies Act 1985 or section 382 of the Companies Act 2006 as applicable):

  • Turnover: not more than £6.5 million
  • Balance sheet total: not more than £3.26 million
  • Total number of employees: not more than 50

The same levels of compensation apply whether the claimant is a private individual, small business, or a small company.

More information about the various compensation schemes can be found by clicking on the links below:

Financial Services Compensation Scheme
Isle of Man’s Depositors’ Compensation Scheme
Guernsey Banking Deposit Compensation Scheme
Eligible Liabilities Guarantee Scheme