Church & Charity Flexible Reserve Account
Plan confidently for your organisation’s future.
If you’re a church or a Christian charity wanting to save your funds responsibly yet access them easily, our Church & Charity Reserve Account is for you.
Explore this page to find out more about this account and how you can use your savings to support gospel work.
Church & Charity Flexible Reserve Account
Account Information
This savings account is available for organisations.
- Interest rate: 2.25% Gross/AER
- Interest accrual: Interest accrues on the daily balance at the above rate. This rate may vary from time to time and we will notify you of any changes.
- Deposit method: Your own online banking service, standing order or post at any time.
- Minimum balance: £1.
- Withdrawal notice period: 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.
- Withdrawal methods: Telephone banking, or post.
- Withdrawal destination: Pre-nominated bank account in the same name as the account holder.
saved with us in 2023.
Why choose Kingdom Bank?
Protected savings with a purpose
At Kingdom Bank, we prioritise your financial security. With FSCS protection and full FCA and PRA regulation, your savings are safe with us. Our interest rates ensure you earn predictable returns, and as a Christian bank, we are fully aligned with your values and operate with integrity and trust.
Rest assured, your money is in safe hands, allowing you to focus on what truly matters.
Why choose Kingdom Bank?
Personalised and Friendly Support
Navigating your savings options can be challenging. Our friendly and knowledgeable account management team can guide you through our savings products, answer any questions you may have and help you set up your first deposit.
You won’t face frustrating call waiting times – just caring and efficient service designed to help you put your savings where your heart is.
Submit an enquiry
Our friendly team are here to help. Whether you’re ready to open a savings account, or if you’ve got more questions, fill in this form and we’ll be in touch with you within two working days.
You can also call us on 0115 921 7260 to begin setting up your account.
Got a question?
We're here to help!
Can Kingdom Bank change the interest rate?
Yes. As this account pays a variable rate of interest, it can change over time – the general terms and conditions explain how this happens.
We will always let you know any planned changes to the rate. For example, we may review our interest rates if the Bank of England base rate changes.
How do I manage my account?
Deposits can be made via your own online banking service, standing order or post at any time.
All instructions must be authorised by the correct number of signatories, in accordance with the latest Mandate.
Can I withdraw money?
It is possible to make one withdrawal of up to £10,000 without notice in a rolling 90-day period. All additional withdrawals and withdrawals over £10,000 require 90 days’ notice.
All withdrawals should be submitted in writing or using telephone banking by the signatories detailed on the mandate and will be made to an account in the same name.
No charges apply to this account (except for those referred to in our terms and conditions, where we permit early withdrawal at our discretion with charges on transfer before notice period served).
What would the estimated balance be after 12 months?
If you deposit £1,000 when you open the account, the balance after 12 months will be £1,022.50
This assumes:
- You do not withdraw any money and interest is paid into this account.
- The interest rate stays the same.
- You do not add any more money.
Explore our other savings products
Organisation Gospel Partner Account
A unique organisation account that helps build God’s Kingdom by supporting UK church growth.
Church & Charity Higher Rate Reserve Account
Savings to support your organisation’s plans for the future.
Organisation 120-Day Notice Deposit Account
Save your funds responsibly with a higher interest rate and a longer notice period.
