Charity Savings Accounts
Charity savings accounts with good interest rates can be difficult to find in the current climate, but getting the very best interest rates on offer can give your funds a valuable boost.
How can I find the best savings account for my charity?
Only a few savings account providers offer deals specifically geared towards the needs of charities, but whether you place your charity savings into a specially designed charity saving account or into a regular savings account, shopping around can get you the best deal. For charitable organisations making every penny count is often a priority, by making the most of available interest rates you can make your charity's savings work harder.
Charity savings accounts will usually have a minimum deposit amount, and it is a good idea to remember that by placing charity funds into a savings account will make those funds more difficult to access quickly. This means that your charity will probably also need a current account to operate alongside the savings account.
Professional advice
For advice on getting the best savings interest deal for your charity, speak to an IFA to get savings advice and receive a free initial consultation.
ABOUT TRUST ONLINE