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Charity and club accounts

Find the best charity or club bank account that will accept your business savings deposits. Our independent comparison chart compares hundreds of providers. Rates updated daily. Start your comparison below.

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Best charity & club account rates

Best charity & club account rates

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We found 161 products in total, of which 19 have links to providers.

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Selecting ‘Provider Links First’ brings all products with a ‘Go to Provider’s Site’ button that you can apply for directly via Moneyfactscompare to the top of the chart, in rate order. Other products will appear below, again in rate order. Selecting ‘Rate Order’ will change the chart to list all products in rate order. Selecting ‘Favourites First’ will bring your chosen products to the top of the chart in rate order with those with Provider Links shown first.

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  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 76
    AER
    5.21%
    Term
    1 Year Bond
    Deposit
    £10,000
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Redwood Bank 1 Year Business Savings Bond (Issue 16)
    AER
    5.20%
    Term
    1 Year Bond
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    5.20%
    Term
    1 Year Bond
    Deposit
    £10,000
    Interest Paid
    Monthly
    Go To Provider's Site
  • United Trust Bank Charity 1 Year Bond
    AER
    4.95%
    Term
    1 Year Bond
    Deposit
    £5,000
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 10
    AER
    4.90%
    Term
    18 Month Bond
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 42
    AER
    4.90%
    Term
    2 Year Bond
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 8
    AER
    4.90%
    Term
    6 Month Bond
    Deposit
    £10,000
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Redwood Bank 95 Day Business Savings Account (Issue 17)
    AER
    4.75%
    Notice
    95 Day
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    4.75%
    Notice
    95 Day
    Deposit
    £10,000
    Interest Paid
    Monthly
    Go To Provider's Site
  • United Trust Bank Charity 3 Month Bond
    AER
    4.68%
    Term
    3 Month Bond
    Deposit
    £5,000
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 26
    AER
    4.65%
    Term
    3 Year Bond
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Cambridge & Counties Bank Fixed Rate Business Bond Issue 37
    AER
    4.60%
    Term
    5 Year Bond
    Deposit
    £10,000
    Interest Paid
    Anniversary
    Go To Provider's Site
Note

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per business per institution. The deposits of most non-financial services businesses are covered up to the £85,000 limit.

Disclaimer

The list of charity bank account providers on this page is a selection of services available and gives you an idea of the kind of options available. You can find out more about the individual products by visiting any of the providers listed. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. moneyfactscompare.co.uk will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, moneyfactscompare.co.uk recommends you obtain independent financial advice.

Provider Links

‘Go To Provider's Site’ links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use ‘Speak to A Broker’ links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go To Provider's Site' or 'Speak To A Broker' button, when you call an advertised number or when you complete an application following a link from our website.

Favourites

By clicking the heart icon next to each product will mark that product as a favourite. A product will be remembered as a favourite until you deselect it or for 14 days (assuming you have functional cookies enabled). There is an option to sort by ‘Favourites First’ which will bring your favourites to the top of the chart.

What is a savings account for a charity or club?

Charities and clubs need savings accounts to hold their surplus funds and in some cases to help boost their income. Banks and building societies have specific accounts for charities and clubs, reflecting their charitable status. 

Depositor protection for charities

Charity and club savings accounts may fall under the protection of the FSCS. Whether a charity is eligible for protection under the compensation scheme is not straightforward (even the FSCS’s site can’t give a definitive answer!). FSCS will assess whether a charity is eligible for protection on a case-by-case basis, but most non-financial firms or charities will be covered up to the £85,000 limit.

 

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