Organisation Savings Bonds
Savings designed with your organisation in mind.
Choose either a 6, 12, 24 or 36-month fixed-term period and start building towards your organisation’s future.
Explore this page to find out more about this account and how you can use your savings to support gospel work.
Organisation Savings Bonds
Account Information
This savings account is available for organisations.
- Interest rate: 2.25% - 3.25% Gross/AER
- Interest accrual: Interest rate is fixed at outset and paid annually and/or at maturity.
- Deposit method: Opening deposit can be made via your own online banking service or by post.
- Minimum balance: Available for balances between £2,000 and £2,500,000.
- Withdrawal notice period: No deposits or withdrawals allowed during term.
- Reinvestment options at maturity.
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!
What is the interest rate?
The interest rate is fixed as follows:
6-Month Savings Bond earns 3.20% (under £50,000), 3.25% (over £50,000) Gross/AER
12-Month Savings Bond earns 2.75% (under £50,000), 2.80% (over £50,000) Gross/AER
24-Month Savings Bond earns 2.25% (under £50,000), 2.30% (over £50,000) Gross/AER
36-Month Savings Bond earns 2.25% (under £50,000), 2.30% (over £50,000) Gross/AER.
Interest is compounded to the account on each anniversary and/or at the maturity date.
Interest accrues on the daily balance of the account at the fixed rate notified to you on opening the account.
Can Kingdom Bank change the interest rate?
No, we are not able to change the interest rate mid-term.
How do I manage my account?
Information can be requested on the phone, but all instructions must be sent to us in the post.
We will contact you before your Bond matures to offer you a range of options including re-investment and withdrawal options.
All instructions should be authorised by the correct number of signatories in accordance with the latest mandate.
Can I withdraw money?
No deposits or withdrawals are permitted during the term of the deposit.
All withdrawals must be made to an account in the same name. We will not permit a withdrawal to a third party by any method.
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 maturity).
What would the estimated balance be after 12 months?
Amount deposited | ||
Bond type | £2,000 | £50,000 |
6-Month | £2,064 | £51,625 |
12-Month | £2,055 | £51,400 |
24-Month | £2,045 | £51,150 |
36-Month | £2,045 | £51,150 |
This illustration is based on a 12 month term (apart from the 6-month bond) and 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.