Charities

SAVINGS ACCOUNTS

We offer a range of savings accounts to help you generate extra income from your charity’s money.

GROW YOUR MONEY WHILE YOU'RE NOT USING IT

Our savings accounts are a great way to get your money working for you while you don’t need to spend it.

And, as we’re a charity ourselves, you can feel reassured that any profits we make are reinvested into the charity sector.

Our partners

As well as providing our own products, we work with other trusted expert providers to bring you a wider range of savings accounts, designed especially for charities.

PRODUCTS FROM CAF AND CAF BANK

Instant access savings account

CAF Gold lets you manage your savings with CAF Bank, without the commitment of a notice period.

More about CAF Gold

Notice savings accounts

Get more from your money by giving notice withdrawals

Fixed term savings accounts

Make your savings work harder by putting them aside for longer.

Investing online

The CAF Investment Account is the only secure, digital trading platform specifically designed for charities of all sizes.

Manage your investments

COMPARE ACCOUNTS

Account type Interest rate Minimum deposit Withdrawals Minimum opening balance Provided by  
CAF Gold Account 0.05% Gross1/AER2 £1,000 Instant £0 to £1.5m CAF Bank More about CAF Gold
CAF 60 Day Notice Account 0.80% Gross/AER for balances over £1,000

0.05% Gross/AER for balances under £1,000
£1,000 60 days notice3 £1,000 to £2m Shawbrook Bank Ltd More about the CAF 60 Day Notice account
CAF 90 Day Notice Account 0.10% Gross/AER £10,000 90 days notice4 £10,000 to £5m Scottish Widows Bank plc More about the CAF 90 Day Notice Account
CAF 12 Month Fixed Rate Saver - Issue 1 1.30% Gross/AER £1,000 After 12 months fixed term only £1,000 to £2m Shawbrook Bank Limited More about the CAF 12 Month Fixed Rate Saver
CAF 1 Year Fixed Term Deposit Account 0.50% Gross/AER £10,000 After 1 year fixed term only £10,000 to £5m Scottish Widows Bank plc More about the CAF 1 Year Fixed Term Deposit Account
CAF Platinum Account 0.15% Gross/AER £20,000 30 days notice5 £20,000 and above CAF Bank Closed to new deposits
CAF 12 Month Bond 1.00% Gross/AER £10,000 After 12 months fixed term only6 £10,000 to £2m Principality Building Society Closed to new deposits

 

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

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

3 You can ask to withdraw or close the account with less than 60 days’ notice. If Shawbrook Bank agrees, they will deduct the equivalent of 60 days’ Gross interest on the amount withdrawn.

4 You can ask to withdraw or close the account with less than 90 days’ notice. If Scottish Widows Bank agrees, they will deduct the equivalent of 90 days’ Gross interest on the amount withdrawn.

5 You can ask to withdraw or close the account with less than 30 days’ notice. If we agree, we will deduct the equivalent of 30 days’ Gross interest on the amount withdrawn.

6 You can close your Bond, subject to 180 days loss of Gross interest, which will be deducted from your Bond before payment is made. This may result in you receiving less back than you originally invested if 180 days’ interest has not accrued.

PROTECTING YOUR MONEY

Your eligible deposits with CAF Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Your eligible deposits with Shawbrook Bank Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Your eligible deposits with Scottish Widows Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Your eligible deposits with Principality Building Society 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.

For more information on the scheme, view the FSCS leaflet or visit the FSCS website.

fscs

Want to know more?

TALK TO US TODAY

Our experienced team is on hand to answer any questions about your charity’s money.

Contact the team

 

Make more of your savings


If you want to make the most of your funds, looking for ways to maximise what you earn on your savings is essential.

How can charities access funding?


How can specialist alternative lenders use their knowledge of the charitable sector to make the approval process run smoothly?

Loan finance - are charities missing an opportunity?


Is your charity thinking about loan finance, but feel that you haven't quite got enough details to make an informed decision?

SOME OF OUR GREAT PRODUCTS AND SERVICES

We offer a full range of financial services specifically designed to help charities or not-for-profit organisations. Here are some that may be of interest to you.

Fundraising services

CAF's digital donation platform helps you reach more people, and process their donations quickly and hassle-free.

Meet CAF Donate

Everyday banking

Manage your charity’s day-to-day banking in a way that suits you.

About CAF Cash

Loans

If you're buying, developing or refinancing your property - CAF Bank can help make your charity's plans a reality.

More about secured loans

Strategic consultancy

Our Advisory team has years of experience helping charities become more successful.

How we can help

CAF Bank Limited (CBL) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. CAF Financial Solutions Limited (CFSL) is authorised and regulated by the Financial Conduct Authority. Their registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ (ME19 4TA for CFSL). Registered under number 1837656 and 2771873 respectively. CBL and CFSL are subsidiaries of Charities Aid Foundation (registered charity number 268369).

Shawbrook Bank Limited Registered office Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex CM13 3BE. Registered in England – Company Number 388466. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Scottish Widows Bank plc. Registered Office: PO Box 12757, 67 Morrison Street, Edinburgh EH3 8YJ. Registered in Scotland no. 154554. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 201601.

Principality Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, (FRN 155998). Principality Building Society, Principality Buildings, Queen Street, Cardiff, CF10 1UA.