Charity Bank: Community Bond (12 months)

Charity Bank
Account:Community Bond (12 months)
Account type:Savings Account
Tax status:Taxable
Rates & conditions
Headline interest rate 1.10% AER
Interest rate type Fixed for 12 months
Interest payment frequency Maturity
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
Introductory bonus No introductory bonus payable.
Bonus payment conditions Not applicable.
Interest rate guarantees Not applicable.
Interest payment options to same account
Opening the account
Minimum age -
Maximum age -
Minimum deposit £1,000
Account opened
Account conditions
  • Withdrawal conditions
Managing the account
Minimum balance £1,000
Minimum withdrawal £0
Minimum additional deposit £0
Maximum balance £250,000
Withdrawal conditions Withdrawal Conditions - No withdrawals or closure permitted during the term of the account.
Statement frequency maturity
Additional information This account is also available to charities, companies or organisations. Variations of the Community Bond are available: - Yorkshire Deposit Bond funds will be invested in community projects, social enterprises and charities working to support individual and communities across the Yorkshire and Humber region. - Welsh Community Bond funds will be used to provide loan finance and business guidance to Welsh charities and social enterprises. - Liverpool Sefton Social Investment Bond funds will be used to support social enterprises and community organisations in Liverpool and Sefton. - Kent Community Bond funds will be used to help charities and social enterprises that work in Kent providing shelter for the homeless, care for the disabled or offering respite care for carers.