Comparison of Accounts for Churches & Charities
Looking to open a deposit account but not sure which one is right for you?
Our comparison table helps you see the features of our accounts at a glance to find one that suits your needs.
| Account | Interest rate | Minimum balance | Withdrawal notice period | Good to know | |
|---|---|---|---|---|---|
| Gospel Partner Account | 1.10% Gross/AER | £1 | 32 days | You'll receive interest at a slightly lower rate than similar notice accounts, enabling us to provide more support to churches across the UK. | |
| No Notice Account | 0.60% Gross/AER | £1 | None | Maximum of two withdrawals per calendar month. | |
| Organisation 120-Day Notice Deposit Account | 3.20% Gross/AER | £10,000 | All withdrawals require 120 days' notice | ||
| Church & Charity Flexible Reserve Account | 1.95% Gross/AER | £1 | One withdrawal of up to £10,000 is permitted without notice in a rolling 90-day period. Any additional withdrawals or withdrawals for more than £10,000 require 90 days’ notice | ||
| Church & Charity Higher Rate Reserve Account | 2.45% Gross/AER | £1 | All withdrawals require 90 days' notice | ||
| Organisation Savings Bonds | 1.95-4.00% Gross/AER | £2,000 | 6, 12, 24 or 36 months (fixed-term bonds) | See table below |
*With the exception of our 18-month Bond which has a minimum opening balance of £1,500,000.
Organisation Savings Bonds – Good to know
| Bond duration | Interest (Gross/AER) on deposits under £50,000 | Interest (Gross/AER) on deposits over £50,000 |
| 6 months | 2.90% | 2.95% |
| 12 months | 2.45% | 2.50% |
| 24 months | 1.95% | 2.00% |
| 36 months | 1.95% | 2.00% |
Our 18 month bond offers 4.00% Interest (Gross / AER) on deposits over £1,500,000
Open an account
If you would like to speak to one of our friendly Account Management team, please complete the enquiry form below or give us a call.
