Ethical ISA

Ethical ISA second issue - the ethical Cash ISA

Charity Bank's limited edition Ethical ISA.

An investment in the Ethical ISA from Charity Bank won’t just secure you a competitive tax-free 2.5%pa* return on your money.  It will also help us lend money to any number of charities and social enterprises such as Community Wise, a community centre in Eastbourne who required funding to buy and then repair their building.

In fact since 2002, Charity Bank has made a real difference to more than 3.5 million people by lending over £165m to ethical and community projects across the UK. We are also responsible about how we lend money and on our website you can find full details about the organisations to which we’ve lent money.

• Interest rate 2.50% tax-free (2.50% AER*)
• Limited edition Cash ISA
• We only lend to charities and community organisations
• Deposit up to £5,340 a year
• Notice period is 33 days - Early repayments are not permitted
• Interest rate is variable subject to 60 days notice
• Charity Bank is a member of the Financial Services Compensation Scheme
• Transfer your existing Cash ISA to Charity Bank 
• Ethical Consumer Magazine ‘best buy’
• Which? Money ‘best buy’
• MoneySavingExpert.com ‘most ethical’ ISA

Financial Return and Social Impact

Our Ethical ISA invites savers to take a more ethical approach to banking by creating social impact, whilst still earning a competitive return.  The Ethical ISA supports a wide range of organisations committed to providing education and training, arts and heritage, community regeneration, social care, health, housing and supported accommodation, as well as international and sustainable development.

See how we use your money

Savings will only be lent to support charities, social enterprises and community organisations that benefit people and communities across the UK. Charity Bank is committed to openness and transparency, and publishes details of all the loans it makes. Details of some of these loans are published here on our website.

Apply for our Ethical ISA

Our Ethical ISA is for any UK resident aged 16 or over. You can open an account with £250. Please see PDF forms below.

*Rates correct as of 03 March 2011. This is a limited edition Cash ISA. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free is the contractual rate of interest payable where the interest is exempt from income tax. The favourable tax treatment for ISAs could change.

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