Save and organise securely with CAF Gold

Exclusively for charities and social purpose enterprises, CAF Gold is an instant access savings account that pays you interest.

It’s also a good way to keep funds separate – perhaps for a specific project, or to keep money aside for when you may need it. You can start saving with as little as £1,000.

From April 2022, it will no longer be possible to open a CAF Gold Account without a linked CAF Cash Account.

Access your savings with ease 

Online banking

Purpose-built for charities and ready when you are. Access level settings and dual authorisation keep your funds secure.

More on online banking

Counter access

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

Simple transfers

Easily move money between your CAF Gold account and your nominated current account.

Apply for a CAF Gold account

Let us quietly support your goals, with savings that work for you.

Download an application pack

Account features and fees


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, view the FSCS leaflet or visit the FSCS website.

CAF Gold Account - Summary box

What is the interest rate?





  • Interest is calculated on your daily balance.
  • Interest can be paid quarterly to this account or to your nominated UK account which is identified on your application form.

Can CAF Bank change the interest rate?

Yes. We can move the interest rate up or down at any time. Our Terms and Conditions explain how and when we will notify you of this.

What would the estimated balance be
after 12 months based on a £1,000

An illustration of the future balance is shown below.

Initial deposit
 Balance at 12 months
 £1,000.00  1.45%  £1,014.50

This is an illustrative example assuming that:

  • You don’t withdraw or deposit any additional money.
  • The interest rate stays the same and is paid annually.
  • Interest is calculated on a cleared deposit for a full 12 months.

How do I open and manage an account?

  • You can open an account by printing our online application form and posting it to CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ.
  • The product is only available to charitable organisations.
  • The minimum initial deposit is £1,000.
  • The minimum account balance is £0.
  • You can manage the account by telephone, online or by post.

Can I withdraw money?

  • Yes, you can make withdrawals from this account to CAF Cash, or to your nominated UK bank account identified on your application form.

Additional information

  • You can close this account at any time.
  • There is a 14 day cancellation period from account opening date during which the account can be closed without any charge.
  • You can deposit money through any branch of HSBC or the counter service at any Royal Bank of Scotland branch in Scotland using a CAF Bank paying in slip.
  • Interest is paid Gross1.
  • Please read this summary in conjunction with the CAF Bank General Terms and Conditions and the CAF Gold Account – Account Terms.

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 once each year.

3Charitable organisations means organisations that are (a) registered with the Charity Commission for England and Wales, the Office of the Scottish Charity Regulator or the Charity Commission for Northern Ireland or (b) recognised by HMRC to have charitable status in the UK.