With our CAF Gold Account you can get access to your charity’s money whenever you need it.

Download an application form


We’re dedicated to helping charitable organisations make the most of their funds.

Our instant access savings account pays you interest, while offering the flexibility to access your money at any time.

With this account, you can:

  • start saving with as little as £1,000
  • choose whether the interest is paid into your CAF Gold account or another nominated UK bank account
  • get help from our UK-based Customer Service team
  • know that any profits are reinvested into the charity sector

Learn more about CAF Bank


Manage your charity banking transactions online

Online banking

Manage your banking online with our easy to use, dual-authorisation features.

Online banking for charities
Use our partners to pay money into your account

Counter access

Pay in cash and cheques at HSBC branches or the counter service at any Royal Bank of Scotland (RBS) branch in Scotland. You can also pay in cheques at any Post Office.

Easily transfer money in and out

Manage your money in conjunction with your nominated current account – like the CAF Cash Account.


Account name

CAF Gold Account

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 deposit?

An illustration of the future balance is shown below.

Initial deposit
 Balance at 12 months
 £1,000.00  0.01%  £1,000.10

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 my 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 organisations3.
  • 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.


Get started


Start making the most of your charity’s funds.

Apply now


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

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

FSCS Protecting your money


  • Are there any account limits on a CAF Gold Account?
    You can open an with as little as £1,000. Once the account is opened, there is no limit on the account balance.
  • Can we make salary payments from a CAF Gold Account?

    Transactions such as salary payments, Direct Debits and Standing Orders can’t be paid from a CAF Gold Account. However, you can open a CAF Cash current account, which allows you to make these types of transactions.

  • How do we withdraw money from a CAF Gold Account?

    You have to operate this account alongside another bank account to enable you to easily withdraw funds. You can then instruct that money is transferred by CHAPS or BACs to any bank or building society you’ve nominated on your application form

    Instructions can be received by letter, telephone or online. If your instructions are received by 3pm they’ll be processed the same day, or by 4pm if you use CAF Bank Online.

Can’t find the answer to your question?

Get in touch with our team, who will be happy to help you.

Get in touch now


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

Earn interest with only 60 days' notice

60 Day Notice Account

Provided by Shawbrook Bank Limited, it's a great way to get more from your money with just 60 days' notice.

Smart saving for charities
Work your money while it's locked away

12 Month Fixed Rate Saver

Provided by Shawbrook Bank Limited, get your money working hard while it's locked away.

Make the most of your funds
Earn interest on your charity's money

CAF 1 Year Fixed Term Deposit Account

Provided by Scottish Widows Bank, earn fixed interest for 1 year while your money’s safely locked away.

Make more of your savings
Manage your charity's banking

Everyday banking

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

About CAF Cash

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.