Current account made for charities

Simple charity banking. Backed by a team that knows the world you work in. Our CAF Cash Account helps charities manage their money while earning interest.

Talk to us about CAF Cash Download an application pack

Straightforward charity banking

Created for charities and social purpose enterprises, the CAF Cash Account makes everyday banking simple and pays interest. So you can spend more time on what matters, supporting your beneficiaries.

When you deposit money into your account, it's put to work straight away. The CAF Cash Account pays interest of 0.20% gross¹/AER² (variable³) on your daily credit balances. Interest is credited gross to the account at the end of each quarter.

Download an application pack

Accessing your funds

Online banking

Our online banking service provides access level settings and dual authorisation to keep your funds secure.

Business card

Withdraw money and make payments with our Business card. Accepted wherever you see the Mastercard® logo.

Counter access

Pay in cash and cheques at the counter at HSBC branches (which offer full counter services), or Royal Bank of Scotland (RBS) branches in Scotland. You can also pay in cheques at any Post Office.

Additional benefits

Bacs bureau

Accept and make payments. Our Bacs bureau service lets you send money within the UK, or collect direct debits, securely and efficiently.

More on Bacs bureau service

Telephone support

Our UK-based customer service team are ready to help you Monday to Friday, 9am - 5pm (excluding English bank holidays).

Send and receive money abroad

Make and receive payments overseas.

Find out more by contacting us

Protecting your money

All your eligible deposits with CAF Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). For more information on the scheme, visit the FSCS website.

What to read before applying

¹Gross means that interest will be paid without any deduction of tax. You are responsible for paying any tax due to HMRC.

²AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded quarterly.

³The interest rate payable may be subject to change in the future.

This product is provided by CAF Bank Ltd.

CAF Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204451).

CAF Bank Limited Registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ. Registered in England and Wales under number 1837656.