Charity Term Deposit
Guaranteed return on your Charity’s surplus funds for a fixed term
Enjoy a simple and straightforward basis for managing your charity’s savings needs. A Charity Term Deposit offers charities with short-term surplus cash to invest, a guaranteed rate of return over a fixed term.
- Minimum £25,000 deposit, up to a maximum deposit of £5,000,000
- Range of terms available, 3, 6 and 12 months
- The amount, term and interest rate are fixed at the time of making the deposit for added certainty.
To find out more
- Call into your nearest branch (opens in new window) or call 0845 606 4455
- If you’re an existing Business customer, speak to your Relationship Contact.
Further Features
- Interest – an attractive rate of return on your surplus cash
- Available to Registered or Exempt Status Charities
- Withdrawals are not permitted during the term.
Complementary Solutions
Important Information
- Standard interest rates can be found in the interest rates and charges section. Speak to your Relationship Contact for more details
- No withdrawals can be made during the term
- Interest will be paid gross of tax provided the charity is entitled to register for gross interest and all necessary documentation has been completed
- Interest calculated – fixed, calculated daily on the full cleared balance
- Interest paid upon maturity
- Standing Orders or Direct Debits are not available on this type of account.