Interest Rates
Effective from 12 October 2009 for new customers and 15 December 2009 for existing customers.
Charity Bank Savings Account (Gross/AER)*
| Balance |
Notice Period |
| 30 days |
90 days |
12 months |
| Gross/AER |
Net |
Gross/AER |
Net |
Gross/AER |
Net |
| £10 - £24,999 |
0.30% |
0.24% |
0.30% |
0.24% |
0.50% |
0.40% |
| £25,000 - £99,999 |
0.50% |
0.40% |
0.50% |
0.40% |
1.00% |
0.80% |
| £100,000 - £999,999 |
1.00% |
0.80% |
1.50% |
1.20% |
1.50% |
1.20% |
| £1m+ |
1.25% |
0.98% |
1.50% |
1.20% |
1.75% |
1.38% |
Charity Bank Small Steps Account (Gross/AER*)
Fixed Term deposit account for under-16s.
| Term |
Minimum Deposit £10 |
| 6 months |
2.00% |
| 1 year |
2.00% |
| 3 year |
2.00% |
| 5 year |
2.00% |
Community Bond (Gross/AER*)
Including Yorkshire Deposit Bond, Welsh Community Bond and Liverpool Sefton Social Investment Bond.
| Balance |
Notice Period |
| 12 months |
36 months |
| Gross/AER |
Net |
Gross/AER |
Net |
| £1,000 - £24,999 |
0.50% |
0.40% |
1.00% |
0.80% |
| £25,000 - £99,999 |
1.00% |
0.80% |
1.50% |
1.20% |
| £100,000 - £999,999 |
1.50% |
1.20% |
2.00% |
1.60% |
| £1m+ |
1.75% |
1.38% |
2.50% |
2.00% |
Deposit Account Charges
The following charges are effective from 1st November 2009
| |
Fee Payable
|
Withdrawal/Closure by CHAPS
Duplicate Statement
|
£7.50
Any fees payable will be
advised to you at the time. |
To obtain a copy of your Personal Data held
by Charity Bank. |
£10 Administration
|
* Interest will be paid or credited gross, subject to the required certification. Net interest is the rate of interest which would be payable after allowing for the deduction of income tax at the lower rate. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
** Tax exempt interest rate
† A Bonus will be paid in the 5th year, to a charity of your choice, providing no withdrawals are made.
Details of previous rates can be viewed via the following link.