Charity savings

Withdrawn deposit accounts

Interest rates for charity deposit accounts no longer available to new customers

Welcome to the Charities Aid Foundation

We help donors to give more impactfully and charities to build their resilience so they can do more of their life-changing work.

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Personal giving

From one-off donations to long-term giving, or designing your personal philanthropic strategy, we work together to help you realise your giving ambitions.

DISCOVER OUR PERSONAL GIVING SOLUTIONS

Corporate giving

You have the vision for making a difference. So do we. We help you plan how to give based on your goals.

DISCOVER OUR CORPORATE GIVING SOLUTIONS

Services for charities

Helping your charity or social enterprise become more resilient.

DISCOVER HOW WE SUPPORT CHARITIES

Insights

Discover the latest insights for donors and charitable organisations to help create a greater impact

Explore

About us

We are a leading charity, working at the centre of the giving world. We help donors to give more impactfully and charities to build their resilience so they can do more of their life-changing work.

Find out more about CAF

Savings accounts no longer available to new customers

Here are the interest rates on our withdrawn savings accounts and issues, no longer offered to new customers. If you already have one of these products, your charity's money continues to earn interest at the published rates. However, you're not able to top up these accounts with additional deposits unless otherwise stated.

All interest rates displayed are gross[1] / AER[2].

See our current range of savings accounts, to compare the latest rates available for new customers.

Variable rate products

CAF Platinum Account

Type of product: 95 Day Notice Deposit Account
Provider: CAF Bank

Issue / Interest frequency

Available from

Date withdrawn

Available for

Interest rate (Gross[1] / AER[2])

Issue 1 / Annual

10 October 2024

 

Existing customers only

2.65% / 2.68%

Issue 1 / Annual

01 February 2024

09 October 2024

Existing customers only

2.85% / 2.88%

Issue 1 / Annual

03 August 2023

31 January 2023

Existing customers only

2.50% / 2.52%

Issue 1 / Annual

17 July 2023

02 August 2023

Existing customers only

2.05% / 2.07%

Issue 1 / Annual

22 June 2023

16 July 2023

Existing customers only

1.85% / 1.86%

Issue 1 / Annual

11 May 2023

21 June 2023

Existing customers only

1.45% / 1.46%

Issue 1 / Annual

02 February2023

10 May 2023

Existing customers only

1.35% / 1,36%

Issue 1 / Annual

15 December 2022

01 February 2023

Existing customers only

1.15% / 1.16%

Issue 1 / Annual

03 November 2022

14 December 2023

Existing customers only

0.95% / 0.95%

Issue 1 / Annual

22 September 2022

02 November 2022

Existing customers only

0.65% / 0.65%

Issue 1 / Annual

04 August 2022

21 September 2022

Existing customers only

0.50% / 0.50%

Issue 1 / Annual

17 June 2022

03 August 2022

Existing customers only

0.35% / 0.30%

Issue 1 / Annual

06 May 2022

16 June 2022

Existing customers only

0.25% / 0.25%

Issue 1 / Annual

18 March 2022

05 May 2022

Existing customers only

0.10% / 0.10%

Issue 1 / Annual

04 February 2022

17 March 2022

Existing customers only

0.05% / 0.05%

Issue 1 / Annual

27 June 2020

03 February 2022

Existing customers only

0.01% / 0.01%

Issue 1 / Annual

01 August 2013

26 June 2020

Existing customers only

0.25% / 0.25%

The CAF Platinum Account changed from a 30 Day Notice Deposit Account to a 95 Day Notice Deposit Account on 1 February 2024.

CAF 60 Day Notice Account

Type of product: 60 Day Notice Deposit Account
Provider: Shawbrook Bank
Distributed by: CAF Financial Solutions Ltd.

Issue / Interest frequency

Available from

Date withdrawn

Interest rate (Gross[1] / AER[2])

Issue 7 / Annual


Issue 7 / Monthly

25 August 2022

29 June 2023

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 6 / Annual


Issue 6 / Monthly

16 July 2021

24 August 2022

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 5 / Annual


Issue 5 / Monthly

31 March 2021

15 July 2021

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 4 / Annual


Issue 4 / Monthly

16 July 2020

30 March 2021

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 3 / Annual


Issue 3 / Monthly

26 June 2020

15 July 2020

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 2 / Annual


Issue 2 / Monthly

29 March 2019

25 June 2020

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Issue 1 / Annual


Issue 1 / Monthly

30 November 2015

28 March 2019

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

0.70% (Balances £1,000 and over)
0.05% (Balances under £1,000)

Shawbrook will advise previous issue account holders by letter if rates change.
If you would like to change to the current issue you can ask Shawbrook to make the switch. Your account signatory can contact Shawbrook on 0345 266 6611.

CAF 90 Day Notice Account

Type of product: 90 Day Notice Deposit Account
Provider: Scottish Widows Bank
Introduced by: CAF Financial Solutions Ltd.

Issue / Interest frequency

Available from

Date withdrawn

Annual Interest rate (Gross[1] / AER[2])

Monthly Interest rate (Gross[1] / AER[2])

Issue 1 / Monthly, quarterly or annual

29 October 2024

   1.50%

   1.49 / 1.50%

Issue 1 / Monthly, quarterly or annual 

22 August 2023

28 October 2024

1.60%

1.59% / 1.60%

Issue 1 / Monthly, quarterly or annual 

20 July 2023

21 August 2023

1.40%

1.39% / 1.40%

Issue 1 / Monthly, quarterly or annual 

31 May 2023

 19 July 2023

1.10%

1.09% / 1.10%

Issue 1 / Monthly, quarterly or annual 

27 April 2023

30 May 2023

1.00%

1.00%

Issue 1 / Monthly, quarterly or annual 

24 February 2023

26 April 2023

0.80%

0.80%

Issue 1 / Monthly, quarterly or annual 

01 February 2023

23 February 2023

0.70%

0.70%

Issue 1 / Monthly, quarterly or annual 

29 November 2022

31 January 2023

0.55%

0.55%

Issue 1 / Monthly, quarterly or annual 

14 September 2022

28 November 2022

0.45%

0.45%

Issue 1 / Monthly, quarterly or annual 

14 June 2022

13 September 2022

0.25%

0.25%

Issue 1 / Monthly, quarterly or annual 

12 April 2022

13 June 2022

0.15%

0.15%

Issue 1 / Monthly, quarterly or annual

25 March 2020

11 April 2022

0.05%

0.05%

Issue 1 / Monthly, quarterly or annual

31 August 2018

24 March 2020

0.25%

0.25%

If you already have this product, your charity’s money continues to earn interest at the published rates. You are still able to top up existing accounts with additional deposits.

Useful documents:
Lloyds FSCS Information Sheet
Terms and Conditions
Data Privacy Notice

If you have a complaint please click here.

Maturity Base Rate Tracker

Type of product: Base rate tracker
Provider: Scottish Widows Bank
Distributed by: CAF Financial Solutions Ltd.

Interest frequency

Available from

Date withdrawn

Annual Interest rate (Gross[1] / AER[2])

Monthly Interest rate (Gross[1] / AER[2])

 Annual

  08 November 2024



  4.75%

  4.65% / 4.75%

  Annual

  02 August 2024

 07 November 2024

  5.00%

  4.89% / 5.00%

Annual

04 August 2023

01 August 2024

5.25%

5.13% / 5.25%

Annual

23 June 2023

03 August 2023

5.00%

4.89% / 5.00%

Annual

12 May 2023

22 June 2023

4.50%

4.41% / 4.50%

Annual

24 March 2023

11 May 2023

4.25%

4.17% / 4.25%

Annual

3 February 2023

23 March 2023

4.00%

3.93% / 4.00%

Annual

16 December 2022

2 February 2023

3.50%

3.45% / 3.50%

Annual

4 November 2022

15 December 2022

3.00%

2.96% / 3.00%

Annual

23 September 2022

3 November 2022

2.25%

2.23% / 2.25%

Annual

5 August 2022

22 September 2022

1.75%

1.74% / 1.75%

Annual

17 June 2022

4 August 2022

1.25%

1.24% / 1.25%

Annual

6 May 2022

16 June 2022

1.00%

1.00%

Annual

18 March 2022

5 May 2022

0.75%

0.75%

If you already have this product, your charity’s money continues to earn interest at the published rates. You are still able to top up existing accounts with additional deposits.

Useful documents:
Lloyds FSCS Information Sheet
Terms and Conditions
Data Privacy Notice

If you have a complaint please click here.

Fixed rate products

CAF 12 Month Fixed Rate Saver

Type of product: 12 Month Fixed Term Deposit Account
Provider: Shawbrook Bank
Distributed by: CAF Financial Solutions Ltd.

Issue / Interest frequency

Available from

Date withdrawn

Interest rate (Gross[1] / AER[2])

Issue 7 / Annual
Issue 7 / Monthly

30 June 2022

30 January 2024

2.80% / 2.80%
2.76% / 2.80%

Issue 6 / Annual
Issue 6 / Monthly

25 August 2022

29 June 2023

1.05% / 1.05%
1.05% / 1.05%

Issue 5 / Annual
Issue 5 / Monthly

16 July 2021

24 August 2022

0.70% / 0.70%
0.70% / 0.70%

Issue 4 / Annual
Issue 4 / Monthly

31 March 2021

15 July 2021

0.45% / 0.45%
0.45% / 0.45%

Issue 3 / Annual
Issue 3 / Monthly

26 June 2020

30 March 2021

0.70% / 0.70%
0.70% / 0.70%

Issue 2 / Annual
Issue 2 / Monthly

29 March 2019

25 June 2020

1.40% / 1.40%
1.39% / 1.40%

Issue 1 / Annual
Issue 1 / Monthly

28 July 2016

28 March 2019

1.30% / 1.30%
1.29% / 1.30%

The 12 Month Fixed Rate Maturity Account is operated by Shawbrook Bank for depositors who held an Issue or Issues of the CAF 12 Month Fixed Rate Saver, but did not provide instructions to Shawbrook on maturity. Depositors can instruct Shawbrook to place these funds into the current Issue of either the 60 Day Notice or CAF 12 Month Fixed Rate Saver or have the funds returned to their nominated account.

CFSL encourages all holders of the Maturity Account to review their options as they may be able to receive higher returns either through a fixed term or notice account with Shawbrook, or via one of our other offers.

CAF 1 Year Fixed Term Deposit Account

Type of product: 12 Month Fixed Term Deposit Account
Provider: Scottish Widows Bank
Introduced by: CAF Financial Solutions Ltd.

Issue / Interest frequency

Available from

Date withdrawn

Interest rate (Gross[1] / AER[2])

Issue 141 / Annual

08 August 2023

9th October 2023

0.15%

Issue 140 / Annual

06 June 2023

07 August 2023

0.15%

Issue 139 / Annual

04 April 2023

05 June 2023

0.15%

Issue 138 / Annual

31 January 2023

03 April 2023

0.15%

Issue 137 / Annual

28 November 2022

30 January 2023

0.15%

Issue 136 / Annual

27 September 2022

28 November 2022

0.15%

Issue 135 / Annual

26 July 2022

26 September 2022

0.15%

Issue 134 / Annual

24 May 2022

25 July 2022

0.15%

Issue 133 / Annual

22 March 2022

23 May 2022

0.15%

Issue 132 / Annual

18 January 2022

21 March 2022

0.15%

Issue 131 / Annual

16 November 2021

17 January 2022

0.15%

Issue 130 / Annual

14 September 2021

15 November 2021

0.15%

Useful documents:
Lloyds FSCS Information Sheet
Terms and Conditions
Data Privacy Notice

If you have a complaint please click here.


CAF 12 Month Bond[3]

Type of product: 12 Month Fixed Term Deposit Account
Provider: Principality Building Society
Distributed by: CAF Financial Solutions Ltd.

Issue / Interest frequency

Available from

Date withdrawn

Interest rate (Gross[1] / AER[2])

Issue 9 / Annual

1 July 2014

For existing customers only

1.00%

Footnotes

[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 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 Lloyds Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Lloyds Bank, Mayfair Private Banking, Lloyds Bank Private Banking, WorldWide Service and Scottish Widows Bank. Charities Aid Foundation savings accounts in association with Scottish Widows Bank are also deposits with Lloyds Bank plc. Any total deposits you hold above the limit between these brands are unlikely to be covered.   

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 Protecting your money

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 is a trading name of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.

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.