Latest banking news

Inflation all wrapped up

Oliver Roylance-Smith / 01 February 2012

Recent weeks have provided confirmation of the interest rate status quo from the Bank of England along with the release of the latest inflation figures from the Office for National Statistics. Combi... Read more

Inflation and interest rates - what it means for you

Oliver Roylance-Smith / 01 February 2012

In the last fortnight we have had a further vote on the base rate by the Bank of England’s Monetary Policy Committee as well as the revised inflation figures released by the Office for Nationa... Read more

Savings vs Inflation

Oliver Roylance-Smith / 29 November 2011

With so much uncertainty surrounding what will happen to inflation in the future, we review the current range of savings plans and see how their returns stack up against the rising cost of living. F... Read more

Savings Account Guides 

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 Do you know how safe your savings are? Should you choose a fixed rate or a bonus rate? Our useful savings guides could help you to make the most of your money.
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Latest savings commentary

Inflation all wrapped up

Oliver Roylance-Smith / 01 February 2012

Recent weeks have provided confirmation of the interest rate status quo from the Bank of England along with the release of the latest inflation figures from the Office for National Statistics. Combi... Read more

Savings vs Inflation

Oliver Roylance-Smith / 29 November 2011

With so much uncertainty surrounding what will happen to inflation in the future, we review the current range of savings plans and see how their returns stack up against the rising cost of living. F... Read more

What will happen to inflation

Oliver Roylance-Smith / 15 November 2011

With the spotlight well and truly on inflation, we take a look at the latest events that will have an impact on its future and consider what this might mean for savers. Bank of England holds firm Th... Read more

Latest investment commentary

What lies in store in 2012

Oliver Roylance-Smith / 10 January 2012

2011 has certainly been a year of strong themes which have dramatically shaped the market as well as the opportunities available for savers and investors. We take a look at what these have been and ... Read more

A review of the FTSE in 2011 and what we can learn

Oliver Roylance-Smith / 10 January 2012

The FTSE is one of the most important indicators of investment performance and acts as a key benchmark for many investors in the UK. For this reason we take a look back at 2011 and review what happe... Read more

Our Top 10 most popular plans in 2011

Oliver Roylance-Smith / 09 January 2012

With 2012 well underway, there is already a competitive range of plans available across a wide number of plan types, whether you are looking for traditional savings routes, investments with the pote... Read more

Clubs and Associations Savings Accounts

Compare clubs and associations savings

Clubs and associations savings accounts are specifically designed for organisations that are looking to deposit funds into a savings account with flexible access. A clubs and associations savings account helps enable organisations to deposit funds and gain interest on their savings. Use the table below to compare a range of leading accounts availabel to clubs and associations, and apply online for more information:

Clubs and Associations Savings Accounts
ProviderAccountInterest Rate (AER)TermApply
4.60%5 YearsMore Info >
A savings account designed for clubs and associations. Fixed rate of 4.60% (gross/AER). Available to new and existing Scottish Widows customers.
3.75%3 YearsMore Info >
Interest paid annually at 3.75% Gross/AER. Minimum Deposit £10,000.
2.60%3 YearsMore Info >
2.60% AER fixed for 3 years. Minimum Deposit £50,000. Available to clubs and associations. Cater Allen is part of the Santander Group.
2.50%2 YearsMore Info >
2.50% AER fixed for 2 years. Minimum Deposit £50,000. Available to clubs and associations. Cater Allen is part of the Santander Group.
2.30%1 YearMore Info >
2.30% AER fixed for 1 year. Minimum Deposit £50,000. Available to clubs and associations. Cater Allen is part of the Santander Group.
up to 1.85%7 Day NoticeMore Info >
Earn 1.85% gross/AER (variable) on balances over £50K and 1.60% gross/AER (variable) on balances £500 - £49,999. Suitable for charities, associations, clubs and pension fund trustees.1
up to 1.50%Instant AccessMore Info >
Earn 1.50% gross/AER (variable) on balances over £50K and 1.25% gross/AER (variable) on balances £500 - £49,999. Suitable for charities, associations, clubs and pension fund trustees.
For alternatives to the above club and association saving account deals, see below. Structured deposits are term deposits (like a fixed rate bond) offered by firms such as high-street banks which are able to accept deposits. Structured deposit plans which are available for clubs and associations are designed to return capital at maturity plus a return linked to the performance of an underlying asset e.g. the UK stockmarket. These types of plans are worth considering if capital can be committed for the plan term and you are looking for a potential return better than a traditional fixed rate bond.
Structured Deposits for Clubs and Associations - Income
 Product NameISA OptionIncome YieldMore Info
FTSE Income Deposit Planno7.25%
per annum		More Info >
A 6 year capital protected structured deposit plan with the potential to pay 7.25% annual income.
Structured Deposits for Clubs and Associations - Growth
ProviderPlan NameMaximum Potential Return*TermMore Info
Inflation Protected Deposit BondRPI Tracker 5 yearsMore Info >
5 year capital protected structured deposit plan offering a fixed return of 16% or 100% of any growth in the Retail Prices Index with no cap. Also available to businesses and charities.
FTSE 100 3 Year Deposit Plan 19%3 yearsMore Info >
3 year capital protected deposit plan with the potential to receive a defined return of 19%.
FTSE 100 Kick Out Deposit Plan - Option 26.25%
per annum		Up to
5 years		More Info >
Capital protected deposit plan with the potential to mature after years 2, 3, 4 and 5. If the plan matures early it will return 6.25% times the number of years the plan has been in force.
FTSE 100 Kick Out Deposit Plan - Option 16.00%
per annum		Up to
5 years		More Info >
Capital protected structured deposit plan with the potential to mature after years 1, 2, 3, and 4. If the plan matures early it will return 6% times the number of years the plan has been in force. Also available to charities and businesses.
Moneybuilder5.75%
per annum		6 yearsMore Info >
A 6 Year capital protected structured deposit plan with the potential to pay 5.75% per annum, up to a maximum of 34.5% over 6 years. Also available to businesses and charities.
Growth Deposit Bond50%6 yearsMore Info >
6 year capital protected structured deposit plan which returns the greater of 8.00% or, if greater, 1 x any FTSE 100 growth, capped at 50%.
Enhanced Growth Plan40%5 yearsMore Info >
6 year capital protected structured deposit plan which aims to return 1.5 x any FTSE 100 growth capped at 40%. Available to businesses and charities.
Annual Locked-In Return Plan36%6 yearsMore Info >
6 year capital protected structured deposit plan which aims to return 6% annual growth capped at 36%. Also available to businesses and charities.
FTSE 100 Deposit Growth PlanNo limit5 yearsMore Info >
5 year capital protected structured deposit plan which aims to return 1.0 x any FTSE 100 growth.
* Maximum Growth Yields are not guaranteed and subject to certain conditions

Clubs and associations savings account could benefit your organisation because they offer:

  • Flexible access
  • Choose to receive interest on a monthly or annually basis
  • Competitive rates of interest

Use the table above to learn more about various clubs and associations savings accounts.

 

 

 

 

 

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