
Check our FAQs page first—you might find what you need without having to call or email.
Can HTB change the interest rate?
What would the estimated balance be at the end of the term based on certain deposits?
How do I open and manage the account?
Can I withdraw money?
Additional information
Can HTB change the interest rate?
What would the estimated balance be at the end of the term based on certain deposits?
How do I open and manage the account?
Can I withdraw money?
Additional information
Can HTB change the interest rate?
What would the estimated balance be at the end of the term based on certain deposits?
How do I open and manage the account?
Can I withdraw money?
Additional information
Can HTB change the interest rate?
What would the estimated balance be at the end of the term based on certain deposits?
How do I open and manage the account?
Can I withdraw money?
Additional information
Fixed rate charity savings accounts are designed for charities and community-focused groups, with the interest rate locked in for a fixed term.
This ensures that the interest rate remains constant throughout the term, regardless of market changes. These accounts are ideal for those seeking predictable returns on their savings, without the risk of fluctuating interest rates.
Benefits include predictable returns, usually higher interest rates compared to easy access or notice accounts and financial security.
Additionally, eligible fixed rate accounts are protected by the Financial Services Compensation Scheme (FSCS).
Need regular or quicker access to your funds? An easy access or notice account might be more ideally suited for your needs.
A charity savings account is designed specifically for charities and community-focused groups such as clubs, societies, community groups, churches and other non-profit organisations to save money whilst earning interest.
Our range of charity savings accounts, includes easy access (sometimes known as instant access), notice and fixed term (sometimes known as bond) savings accounts. Each offers a different level of flexibility, interest rate and access.
No – we don’t apply fees or charges on our standard charity savings accounts.
Some more specialist accounts, such as a limited access account, may incur charges which will be detailed in the account’s Summary Box.
Eligible deposits for charities are protected by the Financial Services Compensation Scheme (FSCS).
If you’re unsure if your organisation is protected, you can read more information on our FSCS page.
Our charity savings accounts have a minimum balance of between £5,000 and £20,000 – the specific amount will be made clear when you open the account and in the Summary Box.
You may invest up to £750,000 in a single account and up to £1,000,000 in total with us. Some accounts may allow higher balances, and this will be detailed in the Summary Box.
In most cases, it’s unlikely a registered charity would need to pay tax on interest earned, provided the funds are used for charitable purposes. Charities may be eligible to reclaim tax deducted on interest earned, subject to applicable regulations.
We’ll upload a statement with the interest earned for the previous tax year to our online portal, which you can include in your tax filing. Get in touch if you need this another way.
The way your savings are taxed depends on your personal circumstances. We don’t provide tax advice and tax rules may change in the future.
It’s quick and easy and can be completed entirely online in around 10 minutes.
Once this is complete, as part of our ongoing compliance procedures, we will conduct a review.
To help us complete the review, we may ask for some of the following:
Our savings accounts are designed for UK-based organisations with under 250 employees:
You can manage your account and message us when logged into our online portal.
If you’ve always managed your account with us in a different way for a specific reason, for example by post, you can keep doing this.
We try to make everything as clear as possible. That’s why we’ve listed some of our most commonly asked questions with answers.
AER means Annual Equivalent Rate, which illustrates what the interest would be if it was compounded annually. We quote the AER on all of our accounts so that you can compare our products with other banks.
Gross is the interest rate without the deduction of income tax. This is the interest paid on your account.
Variable means that the rate could change across the time that your money is in your account, with given notice.
Notice is the designated number of days that you are requested to give notice before you can access the money in your account.
Fixed rate means the rate won’t change during the term.
When you save with HTB you have the added peace of mind that comes from knowing that eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.
Any eligible deposits you hold above the FSCS compensation limit are unlikely to be covered, unless under specific circumstances, as determined by the FSCS.
View all of our historical rates.
You can download and read our full terms and conditions here.
Flexibility and easier access for your charity’s savings with our variable and easy access accounts.
We offer solutions for businesses, individuals and intermediaries.