The high interest, Club and Association Deposit Account
The Club and Association Deposit Account from Scottish Widows Bank is an account which operates alongside your organisation’s existing current account.
It's designed specifically for clubs and associations with money that could be earning a higher rate of interest in a deposit account.
The Club and Association Deposit Account offers a competitive rate of interest so your money works harder for you. Here’s a brief summary of just some of the account’s benefits:
- Choice of access - either Instant Transfer or 7-Day Notice
- The interest rate will be no less than 0.25% below Bank of England Base Rate until 31 December 2012
- Operates as a telephone or postal account, linked to your organisation’s existing current account
- Minimum balance only £500
- Telephone access from 8am to 6pm weekdays (from 10am Wednesdays).
