a different bank for people who want a different world
The Charity Bank Cash ISA Third Edition
- 1.50% Gross/AER* (with effect from 15th January 2015, we will be reducing the interest rate paid to 1.00% Gross/AER)
- Save up to £15,000 a year
- Minimum opening balance is £250
- 33-day notice period
- Our Cash ISA is for any UK resident age 16 or over
“Charity Bank score top for both their ethical score, and a good rate on their ISA - if ethics are as important to you as rate, this could be a good option. It has the full £85k UK savings safety guarantee too.”
To apply to open this savings product, please complete the application form and send it to the customer services team at: The Charity Bank Ltd, 194 High Street, Tonbridge, Kent, TN9 1BE.
Opening an Ethical Cash ISA with Charity Bank will not just secure you a competitive return on your money. It will also help us lend money to any number of charities and social enterprises across the UK.
Since 2002, Charity Bank has made a real difference to millions of people by lending almost £200m to charities and social enterprises across the UK. We are also responsible about how we lend money and we publish details of the organisations to which we have lent money.
Transfers-in from other providers are not permitted.
33 days Notice
|Min. saving £250||1.50% (reducing to 1.00% on 15th January 2015)|
Maximum balance for new customers is £50,000 per individual or organisation (this maximum is per customer across all Charity Bank savings accounts). Existing customers may add a maximum of £50,000 across all Charity Bank savings accounts with effect from 15th September 2014.
Interest is calculated on a daily basis and credited to your account in December each year. Tax-free rate is the contractual rate of interest payable where the interest is exempt from income tax. The favourable tax treatment for ISAs could change.
Interest rates are variable and subject to change with written notice 60 days in advance from Charity Bank. All repayments or transfers to another ISA provider will be subject to the full notice period of 33 days.
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.