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Interest rates
99% of the loans made by Charity Bank have been repaid in full

 

Interest rates

Charity Bank Cash ISA - Second Issue

 

  33 days Notice
Gross/AER
£250+ 2.50%

Interest is calculated on a daily basis and will be credited to your account in December each year.

Interest rates are variable and subject to change with 60 days advanced written notice from the bank.  All repayments, or transfers to another ISA provider, will be subject to the full notice period of 33 days.

Charity Bank Small Steps Account
    1 year 3 year 5 year  
£10+   2.00% 2.00% 2.00%

Interest is calculated daily and added to your account quarterly in March, June, September and December.

Interest rates are fixed for the full term of the deposit.  Early repayments are not permitted.

Charity Bank Community Account
  12 Months Fixed
Gross/AER
12 Months Fixed
Net
36 Months Fixed
Gross/AER
36 Months Fixed
Net
£1000-£24,9999 0.70% 0.56% 1.00% 0.80%
£25000-£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% 1.40% 2.50% 2.00%

The interest on the Community account is accrued daily and credited at maturity on the (12 month) accounts and at the anniversary of the investment.

Interest rates are fixed for the full term of the deposit.  Early repayments are not permitted.

Charity Bank Savings Account

 

  33 days Notice
Gross/AER
33 days Notice
Net
93 days Notice
Gross/AER
93 days Notice
Net
12 Months Notice
Gross/AER
12 Months Notice
Net
£10-£24,999 0.50% 0.40% 0.60% 0.48% 0.70% 0.56%
£25000-£99,999 0.60% 0.48% 0.70% 0.56% 1.00% 0.80%
£100,000-£999,999 1.00% 0.80% 1.50% 1.20% 1.50% 1.20%
£1m+ 1.25% 1.00% 1.50% 1.20% 1.75% 1.40%

Interest is calculated daily and added to your account quarterly in March, June, September and December.

Interest rates are variable and subject to change with 60 days advanced written notice from the bank.  All repayments will be subject to the full notice period.

Interest will be paid or credited gross on all accounts, 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.

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