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 will need a CAF Cash Account in order to open a CAF Gold Account.

Download an application pack

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 HSBC counter-service branches or RBS counter-service branches, depending on the clearing bank you have chosen for your CAF Bank account. You can also pay in cash and cheques at any Post Office.

Telephone support

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

CAF Gold Account - Summary box

What is the interest rate?



Quarterly Interest (Variable)

Gross1 AER2
2.50% 2.52%
  • Interest is calculated on your daily balance.
  • Interest is paid quarterly to this account.

Can CAF Bank change the interest rate?

Yes, we can change the interest rate at any time. We will notify you of any change that does not benefit you 60 days before the change is made. For more information, please see section 20 of our General Terms and Conditions.

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
Gross1 Rate / AER2 
 Balance at 12 months
 £1,000.00  2.50% / 2.52%

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 quarterly.
  • 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 and not-for-profit organisations.
  • No minimum initial deposit required.
  • There is no minimum account balance.
  • You can manage the account by telephone, online or by post.

Can I withdraw money?

  • Yes, you can make withdrawals from this account to your CAF Cash account.

Additional information

  • You can close this account at any time without any charge.
  • If your sort code starts with 40, you can deposit cash or cheques through any counter-service branch of HSBC in the UK. If your sort code starts with 83, you can deposit cash or cheques through any counter-service branch of RBS in the UK. For both HSBC and RBS sort codes, you can use the Post Office counter-service to deposit cash or cheques in the UK.
  • 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 quarterly.


Protecting your money 

Your eligible deposits held by CAF Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

Please view the FSCS leaflet for further information or visit

What to read before applying