Quaker Social Housing Saver – Triodos Charity Saver
Save and support Quaker Housing Trust
- Save ethically and help support work towards lifting the burden of homelessness
- Save and earn interest
- Choose to donate a percentage of your interest to the Quaker Housing Trust
- Interest rates up to 0.10% AER* variable
*Rates applicable from 16 September 2016. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. The gross rate is the rate payable without any tax taken off.
The Quaker Social Housing Saver is part of the Triodos Charity Saver range of accounts and is run in partnership with Quaker Housing Trust who support a broad spectrum of housing projects.
|Account name||Triodos Charity Saver|
|What is the interest rate?||
|Can Triodos Bank change the interest rate?||Yes – the interest rate is variable and can therefore change at any time. Please refer to section 7.3 of our Terms and Conditions for personal banking accounts.
At least 14 days’ notice in writing will be given of any reduction to the interest rate on this account.
|What would the estimated balance be after 12 months based on a £1,000, £5,000 or £25,000 deposit?||
|How do I open and manage my account?||
|Can I withdraw my money?||
|Additional information||Triodos will donate 0.25% of the average annual balance of the account to the charity chosen***. An account holder can also choose to donate all or a percentage of the interest earned.
*The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross.
**AER shows what the interest rate would be if interest was paid and compounded once each year.
*** Except: Triratna Preceptors’ College Trust (formerly known as Friends of the Western Buddhist Order) and Quaker Social Housing Trust. Any donation Triodos Bank makes to the Somerset and Dorset Wildlife Trusts is split equally between the two trusts.
Please ensure you also read the Terms and Conditions for our personal banking accounts