Summary

Available to individuals who are permanently resident in the UK
3.00% / 3.03% - 3.15% / 3.19% Gross/AER*
Higher interest rates apply to higher balances.

Ethical 93-Day Notice Account (Gross/AER)* - Managed Rate

Notice period Minimum saving £250	£250 to £24,999	£25,000 to £500,000**
93 days	3.00% / 3.03%	3.15% / 3.19%

*Gross is the interest rate without tax deducted.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

**If you are looking to place deposits greater than £500,000, please contact our savings team on 01732 441944.

View our Historic Interest Rates for our Personal Savings accounts since January 2015.

Payment of interest (personal account):	Interest will be paid gross, which means interest is paid to you without tax being deducted from it. If the total amount of interest you earn exceeds your Personal Savings Allowance then you may have to pay tax directly to HM Revenue and Customs. For more information please see the latest Government information, or visit the HMRC website or call them on 0300 200 3310.
Notice period:	93-day notice period.
Minimum initial deposit:	£250.
Maximum deposit:	£500,000.
Withdrawals:	Send us a signed letter to withdraw your money and you’ll receive it at the end of your chosen notice period.
Paying money in:	Initial deposit(s) can be made by cheque or electronic transfer from your nominated account only. From the day we confirm your account is open you have 14-calendar days to fund it with one or multiple deposits up to a maximum account balance of £500,000 or in excess of this limit if pre-approved by us. If your account is not funded to the minimum account balance of £250 within this period, it will be closed, and any funds returned to you. If not fully funded up to the maximum account balance of £500,000 in the 14-calendar day funding period additional credits are permitted and can be made by cheque, electronic transfer, direct debit or standing order from your nominated account up to this limit.
Number of account holders:	Up to two for personal accounts.
How we calculate interest:	Interest is calculated daily and added to your account quarterly in March, June, September and December and on closure of your account. There is no bonus interest payable.
What would the estimated balance be after 12 months based on deposits of £1,000 and £25,000?	Based on our lower tier attracting an interest rate of 3.00% gross, the estimated balance on a £1,000 deposit after 12 months would be £1,030.34. Based on our upper tier attracting an interest rate of 3.15% gross, the estimated balance on a £25,000 deposit after 12 months would be £25,796.85 The illustrative examples assume no withdrawals, no changes to the managed interest rate over the period and interest is paid and compounded quarterly. (The illustrative examples do not take into account the individual circumstances of a customer)
Can Charity Bank change the interest rate?	The interest rate is managed and may be altered in accordance with Section 8 Changes to interest rates of our Terms for personal savers.
Managing your account:	All accounts are operated by post. We can answer any questions directly by email or over the phone.

Ready to start saving? Apply by Post Apply Online

Find out where your money goes

Access: Open an account with just £250.
Flexibility: Add to your savings at any time or set up a direct debit.
Notice period of 93 days: The more you save, the higher your interest rate.
Social impact: Your money will be used to support charities and social enterprises.

Ready to start saving?

Apply Now

Find out where your money goes

The Ethical 93-Day Notice Account is available to individuals who are permanently resident in the UK.
You need to be aged 16 years or over and liable to pay tax in the UK.
You may apply online. You will need to print an Application Summary at the end of the online process to sign and return to us. Alternatively you can apply by post.
Interest rates are managed. If interest rates change, we’ll write to you 30 days in advance to let you know.
You can access your savings by writing to us and you'll receive them at the end of your 93-day notice period. There are no restrictions to the amount of withdrawals you can request.
Your eligible deposits with Charity Bank are currently protected up to the limit of £85,000 under the Financial Services Compensation Scheme.
If you are a looking to place deposits greater than £500,000, please contact our savings team on 01732 441944.
View our full Terms for Personal Savers click here.

Ready to start saving?

Apply Now

Find out where your money goes

Once your account is open and funded, we shall write to you confirming your account details and how to operate it.
You’ll receive annual bank statements with an ethical twist: see how your savings have grown and learn about some of the organisations your savings have supported.
When you need to access your money, send your request in writing to Fosse House, 182 High Street, Tonbridge, Kent TN9 1BE and you'll receive it at the end of your 93-day notice period.
Call us directly to check your account details and rates or if you have any questions.
t: 01732 441944 e: enquiries@charitybank.org.

Ready to start saving?

Apply Now

Find out where your money goes

Protecting your money

Explore our other accounts

Read about our other ethical savings accounts.

Community Investment Tax Relief Base Rate Tracker (Personal) Account

Available to individuals who are tax resident in the UK.
Make a positive difference to disadvantaged communities across the UK.
Interest tracks 3.25% below Bank of England base rate and is currently 2.00% Gross / 2.02% AER on 100% of the amount saved.
Additionally, there’s 5.00% tax relief p.a. on 75% of the amount saved.

Find out more

Ethical 33-Day Notice Account

Make your savings work for charities and social enterprises
2.97% / 3.00% - 3.12% / 3.16% Gross/AER*
Individuals who are permanently resident in the UK

Find out more

Ethical 93-Day Notice Account

Make your savings work for charities and social enterprises
3.00% / 3.03% - 3.15% / 3.19% Gross/AER*
Individuals who are permanently resident in the UK

Find out more

Ethical 1-Year Fixed Rate Account

Lock your money away and support the unsung heroes in our communities
4.51% Gross/AER*
Individuals who are permanently resident in the UK and only liable to pay tax in the UK

Find out more

Ethical 3-Year Fixed Rate Account

Lock your money away and support the unsung heroes in our communities
Up to 4.06% Gross/AER*
Individuals who are permanently resident in the UK and only liable to pay tax in the UK

Find out more

Ethical 33-Day Notice Cash ISA

An account that makes your savings work for good
3.01% Gross/AER*
Individuals who are permanently resident in the UK

Find out more

Community Investment Tax Relief Base Rate Tracker (Business/Credit Union) Account

Available to organisations liable to pay corporation tax in the UK.
Make a positive difference to disadvantaged communities across the UK.
Interest tracks 3.25% below Bank of England base rate and is currently 2.00% Gross / 2.02% AER on 100% of the amount saved.
Additionally, there’s 5.00% tax relief p.a. on 75% of the amount saved.

Find out more