Summary

The CITRA 10th Issue and its qualifying 5-year Community Account is oversubscribed, and we are not accepting new applications currently. The next CITRA issue is scheduled to be released in late January 2021. To join the waiting list and be informed about when this is next available, please submit your enquiry below.

In line with our privacy notice, we use Survey Monkey to capture your name, email address and the savings product that you are interested in being contacted about.

Join the waiting list – CITRA Savings Account

CITRA 10th Issue (Personal)
Payment of interest: Interest will be paid gross.
Fixed term: Five years.
Withdrawals: No withdrawals for the first three years. See the CITRA 10th Issue Key Features for information about amounts that can be drawn without penalty thereafter.
Minimum initial deposit (Existing savers): £3,750.00 – the deposit in the CITR 10 account must not exceed the 1.00:1.00 basis.
Minimum initial deposit (New savers): £7,500.00 – the deposit in the CITR 10 account must not exceed the 1.00:1.00 basis.
Maximum deposit: £500,000.00 can be placed in the CITR account 10th Issue.
Paying money in: You can elect to fund your account by electronic transfer or cheque. Additional payments to the account cannot be made once it has been opened.
Number of account holders: One.
How we calculate interest: Interest is calculated daily and added to your account quarterly in March, June, September and December.
How does the Income Tax benefit work? For example if a saver put £15,000 into a CITRA 10th Issue on 1 May 2019. The amount for each tax year for which relief may be claimed is £15,000 i.e. tax relief of £750 (5% of £15,000) may be claimed for the tax year 2019/20 (the tax year in which the saving was made) and for each of the four subsequent tax years. (UK tax legislation, which may be subject to change, may have an impact on your personal tax position.)
Managing your account: Once opened all accounts are operated by post. We can answer any questions directly by email or over the phone.
Charity Bank 5-year Community Account (Personal)
Payment of interest: Interested is calculated daily and credited to your account on each anniversary and at maturity.
Fixed term: Five years.
Minimum initial deposit (Existing savers): The minimum amount that can be put into a 5-Year Community Account is £3,750.00.
Minimum initial deposit (New savers): The minimum amount that can be put into a 5-Year Community Account is £7,500.00.
Maximum deposit: £500,000.00 thus, qualifying for a deposit in the CITR 10 Issue of £500,000.00 too.
Number of deposits: One only.
Withdrawals: No withdrawals or closures before the maturity date.
Paying money in: You can fund the account by electronic transfer or cheque. Additional payments to the account cannot be made once it has been opened.
Number of account holders: One.
How we calculate interest: Interest is accrued daily.
Managing your account: Once opened all accounts are operated by post. We can answer any questions directly by email or over the phone.
Ready to start saving?

CITRA 10th Issue (Personal)

  • Access: New savers open an account with £7,500, existing savers with £3,750. You can deposit up to £500,000. Deposits in your CITRA 10th Issue (Personal) may not exceed the 1.00 to 1.00 basis to deposits in your 5-year Community Account (Personal).
  • Return: lock your savings away for five years.
  • Social impact: your money will be used to support charities and social enterprises across the UK.
  • Ready to start saving? Find out where your money goes

Charity Bank 5-year Community Account (Personal)

  • Access: New savers open an account with £7,500, existing savers with £3,750.
  • Return: lock your savings away for five years.
  • Social impact: your money will be used to support charities and social enterprises across the UK.
  • Ready to start saving? Find out where your money goes

CITRA 10th Issue (Personal)

  • Opening an account: The CITRA 10th Issue (Personal) is available to Charity Bank 5-year Community Account (Personal) holders.
  • Saving for impact: You can deposit up to £500,000. Deposits in your CITRA 10th Issue (Personal) may not exceed the 1.00 to 1.00 basis to deposits in your 5-year Community Account (Personal).

Charity Bank 5-year Community Account (Personal)

  • Opening an account: The Charity Bank 5-year Community Account (Personal) is open to individuals over the age of 16 who are permanent UK residents / taxpayers.
  • Saving for impact: You can deposit up to £500,000.

CITRA 10th Issue (Personal)

  • Getting started. Once you've opened your account with us, we'll send you a welcome pack explaining how to manage your account, claim your tax relief and find out where we’re investing your money.
  • Your impact. You’ll receive annual bank statements with a twist: you’ll see how your savings have grown and you’ll learn about some of the organisations your savings have supported.
  • Withdrawals. When your account matures your funds will be transferred into the account from which they originated – your Nominated Account.
  • Staying in touch. You can call us directly to check your account details and rates. Questions? Talk to us if you have any questions – t: 01732 441944.

Charity Bank 5-year Community Account (Personal)

  • Getting started. Once you've opened your account with us, we'll send you a welcome pack explaining how to manage your account and find out where we’re investing your money.
  • Withdrawals. No withdrawals before the maturity date. You will be notified before the account matures and unless you instruct us otherwise, your account will mature into a Charity Bank Savings Account with 33-day notice.
  • Staying in touch. You can call us directly to check your account details and rates. Questions? Talk to us if you have any questions – t: 01732 441944 e: enquiries@charitybank.org

Protecting your money