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Trustee Savings Accounts

Compare Trustee Savings Accounts

Trustee savings accounts are designed to be held by a trustee on behalf of a trust. There are a number of trustee savings accounts available – Use the table below to learn more or apply for application packs, which include details of all products listed 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 trusts 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 Trusts - Growth
ProviderPlan NameDeposit TakerTermMaximum Potential ReturnMore Info
Kick Out DepositInvestec Bank plcUp to
6 years
per annum
More Info >
  • 6% for each year if the FTSE 100 finishes higher than its starting value
  • Opportunity to mature early at year 3, 4 or 5
  • Capital protected
  • Short/medium term alternative to fixed rates
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.
The types of trust that may benefit from trustee savings accounts include:

  • Bare trusts
  • Possession trusts
  • Discretionary trusts
  • Contingent trusts

Use the tables above to learn more about a range of leading trustee savings accounts.