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The table below shows an indication of rates that may be achievable for academy accounts. These rates are based on the average of the two most competitive accounts which fall within our criteria for security. This means we only display rates which are provided by reputable institutions and that we would consider using for our clients.
Dynamic Cash Management reviews your portfolio and moves your money when rates or security can be improved. The rates shown above are indicative of what we might achieve when we first invest your money based on accounts currently available. Such rates assume that three accounts are used for each access period, more or fewer accounts may in fact be used depending on the size of your deposit and your security requirements. As a result of these factors you may achieve higher or lower rates of interest when we invest your money.
The interest rates quoted above are gross of tax and fees and expressed as Annual Equivalent Rates (AER). The AERs illustrate what the interest rate would be if interest was paid and compounded once a year.
Ethical Rate – The Universe of banks and building societies used within DCM is amended to include only those that reflect this preference. It is provided at no extra cost. Please contact us for further details.
CCLA – Charities Deposit Account
CAF – CAF Gold Account rate for deposits of between £250,000 and £499,999