What is the best rate achievable for charity bank account (around £200k)?. I am currently acheiving 3.875% but want to find out whether anyone else can offer a higher rate.
Answer:
Charity account shouldn't make any difference except maybe for the fees charged on the account. I have a regular account and currently put around 5k in a 6 month CD paying 5%..
I recommend looking at thisismoney.co.uk this link can be found through the Daily Mail website it compares the interest rates
The charities that I do accounts for all seem to favour the Co-Operative bank.
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