a different bank for people who want a different world
an ethical savings account lets you save while benefiting people and communities
Our Accounts
Ethical savings accounts means your money is used to create social impact by supporting charities, voluntary organisations and social enterprises doing good work in communities across the UK and beyond. We offer a range of accounts for individuals, businesses, charities and organisations.
Charity Bank Cash ISA - Second Issue
Our tax free Cash ISA only invests in people and communities. You will need to be over 16 to open a Cash ISA and the minimum deposit amount is £250.
Cash ISAs can only be held solely in your name. To find out more, please click here
Interest Rates
|
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.
Cash ISA Second Issue - Application Form 
To open a Cash ISA you will need to be a resident and ordinarily resident in the United Kingdom for tax purposes or, if not so resident, either perform duties which, by virtue of Section 28 of Income Tax (Earnings & Pensions) Act 2003 (Crown employees serving overseas), are treated as being performed in the United Kingdom, or be married to, or in a civil partnership with, a person who performs such duties.
Charity Bank Small Steps Account
The Small Steps Account is open to children and young savers aged under 16 years. At 16, he or she can then decide to continue to save with us, or to use the money in other ways
The Small Steps Account provides an opportunity for family, friends or guardians to introduce children and young savers to the idea of using money to create a social as well as financial return.
Interest Rates
| 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.
Download the pdf application form, fill it in and return to us by post.
To receive interest without tax you will also need to complete an HMRC R85 form or (if overseas) an HMRC R105 form.
Small Steps Application Form
HMRC R85 form
HMRC R105 form
If you are unsure about which form is appropriate for you, or would like us to send you a copy in the post, please call our deposits team on 01732 774040 or email savings@charitybank.org
Charity Bank Community Account
The Community Account is a 12 months or 36 months fixed period account. The more money you put in, and the longer notice period you choose, the more interest you earn.
Interest Rates
|
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.
Download the pdf application form, fill it in and return to us by post.
Individual Application Form
Charity Application Form
Corporate Application Form
If you are unsure about which form is appropriate for you or your organisation, or would like us to send you a copy in the post, please call our deposits team on 01732 774040 or email savings@charitybank.org
Charity Bank Savings Account
The Charity Bank Savings Account is simple. The more money you put in, and the longer you choose to leave it in your account, the more interest you earn. And you can add to your savings at any time or set up a direct debit for monthly top ups.
Interest Rates
|
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.
Download the pdf application form, fill it in and return to us by post.
Individual Application Form
Charity Application Form
Corporate Application Form
If you are unsure about which form is appropriate for you or your organisation, or would like us to send you a copy in the post, please call our deposits team on 01732 774040 or email savings@charitybank.org