Deposit Account Rates

Transcription

1 Deposit Account Rates Last updated on 5 th February 2015 We define ethical providers as those with a clearly defined set of criteria for socially responsible, ethical and environmentally friendly investment. We have chosen the best of the rest from a general review of the entire marketplace, but with preference towards mutually owned organisations and mortgage banks (whose main activity is residential mortgage lending). Please Note: Withdrawal restrictions and notice periods may apply. Better rates may be available if you already hold an account (or open an additional account) with the building society or bank. Variable Rate Cash ISA Provider Restrictions Rate Amount Transfers Access Contact Triodos 33 Days 1.3% 10+ Yes Triodos 33 Days 0.65% 10+ Yes Ecology Instant Access 1.5% 25+ Yes Charity Bank 33 Days 1% 250+ No Instant Access. 0.5% 1+ Yes The Co-op Instant access 0.5% 1+ Yes Provider Restrictions Rate Amount Transfers Access Contact Hinckley & Rugby 120 Days 1.6% 500 Yes Furness 90 Days 1.6% 9k+ Yes Dudley 30 Days 1.5% 100 Yes National Savings & Investments Instant Access 1.5% 1 + Yes (other NS&I ISAs only) ociety.co.uk

2 1 Year Fixed Rate The Co-op 1.35% Yes 1.35% Yes No products currently available. Virgin Money 1.7% 1+ Yes Leeds 1.64% 100+ Yes bank.virginmoney.com o.uk Post Office 1.55% 500+ Yes National Counties 1.51% 1K + 2 Year Fixed Rate The Co-op 1.45% Yes 1.45% Yes Triodos 1.7% 1+ Yes Post Office 1.95% 500+ Yes Nationwide 1.76% 1+ Yes Leeds 1.75% 100+ Yes o.uk

3 3 Year Fixed Rate Triodos 1.9% 1+ Yes Previous Coventry K year only y.co.uk Post Office 2.1% 500+ Yes Nationwide 2.0% 1+ Yes Year Fixed Rate No products currently available. Nationwide 2.2% 1+ Yes Year Fixed Rate No products currently available Newcastle 2.4% 500+ Yes internet Leeds 2.3% 100+ Yes o.uk

4 Deposit Accounts/Bonds Variable Rate: Provider Restrictions Rate Amount Access Contact Triodos Instant Access, 3 penalty-free withdrawals p.a. 1% 1+ Charity Bank Ecology 33 days notice 12 months notice 60 Days Notice (Account only available to preexisting members as of 7 th June 2013) 0.5% - 1% (dependant on notice given and amount invested) 1% (1.25% for 10K - 25K) (1.55% for 25K+) K The Co-op Instant Access 0.25% 1-1m Provider Restrictions Rate Amount Access Contact Chorley & District 1 Year bond 1.65% 1K - 450K National Counties 1 Year bond 1.41% K Coventry 12 Penalty Free Withdrawals 1.4% K ociety.co.uk

5 1 Year Fixed Rate: Charity Bank 1.75% 1K - 1m 0.7% - 1% (dependant on amount invested) National Counties 1.76% 10K - 150K Post Office 1.71% 500-2m Virgin Money 1.7% 1-1m Nationwide 1.4% 1-5m uk.virginmoney.com Year Fixed Rate: 2.0% 1K - 1m Triodos 1.7% 500-1m Post Office 2.06% 500-2m National Counties 2.01% 10K - 150K Dudley 2.0% 5K - 500K Newcastle 1.7% K internet

6 3 Year Fixed Rate: 2.2% 1K - 1m Triodos 1.9% 500-1m Charity Bank 1% - 1.5% (dependant on amount invested) Post Office 2.31% 500-1m National Counties 2.01% 10K - 150K Virgin Money 2.0% 1-1m uk.virginmoney.com 5 Year Fixed Rate: Triodos 2.3% 500-1m Newcastle 2.4% K internet Virgin Money 2.25% 1-1m uk.virginmoney.com

7 Current Accounts Provider Account Rate Minimum Access Contact Standard 0.0% 0 The Co-op Plus 0.0% 800 Per Month Provider Account Rate Minimum Access Contact Coventry 1.1% 1k per First (bonus of 0.85% month for 12 months) Nationwide Metro Bank FlexDirect 5% on amounts up to 2,500 (bonus of 4% for 12 months) 0% on amounts over 2,500. 1k per month Current None None iety.co.uk Regular Savers 1.75% (fixed for Triodos months) per month Newcastle Furness Chorley & District 2.57% (inc. 1% bonus for regular savers) 2.55% (1 withdrawal allowed per anniversary year) 2.0% (up to 2 withdrawals allowed per calendar year) 1-1,250 per month per month per month

8 Accounts for Children Provider Account Rate Amount Access Contact Triodos Junior ISA 2% 1+ Right Start Triodos 0.8% 1+ Saver Charity Bank Small Steps 2% 10-10,000 Co-op Future Fund 0.25% 1+ Co-op Bonus Account 0.25% (bonus sum p.a. dependant on child s age and average balance of 50+) 1+ Post Office Post Office Provider Account Rate Amount Access Contact 3% (however if 2 or Nationwide Smart Limited more 1-50K Access withdrawals per year, rate drops to 0.75%) Skipton Newcastle Warning Leap Issue 3 (Current Account) Newcastle Big Little Saver 2.25% (including bonus of 0.5% for 12 months) 1-50K 3% The above information was correct on 5 th February 2015; however, rates are liable to change at short notice and as such, may not still be available. It will therefore be necessary to verify the terms with the provider concerned. Rates quoted are based upon information gathered from the Moneyfacts website and provider websites. Financial Services Compensation Scheme The UK compensation limit of 85,000 applies to each depositor for the total of their deposits with an organisation, regardless of how many accounts they hold or whether they are a single or joint account holder. In the case of a joint account, FSCS will assume that the money in that account is split equally between account holders, unless evidence shows otherwise. This means that each account holder in a joint account would be eligible for compensation up to the maximum limit. Please note that some organisations, for example Triodos, will be subject to the European compensation limit of E