Corporates, Clubs & SIPPS

The Corporate Accounts we provide are designed to be clear, simple and offer a competitive return for the investment. From Clubs and Charities to Solicitors Deposit Accounts, we understand that looking after someone else’s money is an important task and we have the experience and knowledge to suit your needs.

Business Deposit offers an attractive rate for corporate and client funds with the benefit of instant access, whilst Ipswich Pension Reserve is available to those looking for a good return on the cash they currently hold in their Self Invested Personal Pension Scheme (SIPPS). Please note that Ipswich Pension Reserve is not available to holders of a Small Self Administered Pension Scheme (SSAS) or a Qualifying Recognised Overseas Pension Scheme (QROPS).
(Find Useful Downloads at the bottom of this page)

Rates correct as at 14 May 2012

For previous rates, please click 'View previous rates' located under the current rate table

 

• 1 Year Fixed Rate Business Bond (Issue 2)
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Fixed rate for 1 year from date of account opening
• No additional investments allowed
• Partial withdrawals/closure allowed before maturity subject to 120 days' interest penalty (by cheque or CHAPS)
• Interest is added at the end of the fixed rate period on the anniversary of account opening

Balance	Fixed Interest Current AER	Fixed Interest Current Gross	Fixed Interest Current Net
£25,000 - £500,000	2.75%	2.75%	2.20%

View previous rates

Balance	Fixed Interest Previous AER	Fixed Interest Previous Gross	Fixed Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account

Account Name	1 Year Fixed Rate Business Bond (Issue 2)
Interest Rates (AER)	Fixed rate of 2.75% Gross/AER (2.20% Net) for balances £25,000 - £250,000 Fixed for 1 year from date of opening Interest calculated on a daily basis Interest at the end of the fixed rate period on the anniversary of account opening
Tax Status	Interest paid net of basic rate tax, depending on your organisation's status.
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	No withdrawals. Early closure subject to 120 days' interest penalty
Access	Banking system, post or branch

 

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Deposit Account Application Form

 

• Business Deposit
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Additional payments allowed
• Immediate withdrawals by CHAPS
• Interest paid annually on 1 December - added to the account or paid away to a nominated bank account

Balance	Variable Interest Current AER	Variable Interest Current Gross	Variable Interest Current Net
£25,000 - £149,000	1.40%	1.40%	1.12%
£150,000 - £1,000,000	1.70%	1.70%	1.36%

View previous rates

Balance	Variable Interest Previous AER	Variable Interest Previous Gross	Variable Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account

Account Name	Business Deposit
Interest Rates (AER)	Variable  tiered interest rates Annual interest on 1 December, can be added to the account or paid to a nominated bank account
Tax Status	Interest paid net of basic rate tax, depending on your status. Your tax treatment will depend on your individual circumstances and may be subject to change in future
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	By cheque or CHAPS only to a nominated bank account
Access	Banking system, post or branch

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Deposit Account Application Form

 

• Corporate Gold Reserve
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Variable interest paid annually on 1 December
• Withdrawals subject to 60 days' notice or interest penalty
• Additional investments allowed

Balance	Variable Interest Current AER	Variable Interest Current Gross	Variable Interest Current Net
£25,000 - £1,000,000	1.90%	1.90%	1.52%

View previous rates

Balance	Variable Interest Previous AER	Variable Interest Previous Gross	Variable Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account

Account Name	Corporate Gold Reserve
Interest Rates (AER)	Variable rate Interest calculated on a daily basis Annual interest on 1 December
Tax Status	Interest will be paid net of basic rate tax, depending on status
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	60 days' notice or 60 days' interest penalty. By cheque or by CHAPS only to a nominated bank account
Access	Banking system, post or branch

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Deposit Account Application Form - Please note that Corporate Gold Reserve is available to organisations in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire only

 

• Treasurer's Account
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Instant access with no penalty
• Minimum two signatures to withdraw
• Interest paid half yearly on 1 June and 1 December

Balance	Variable Interest Current AER	Variable Interest Current Gross	Variable Interest Current Net
£100 - £499	0.10%	0.10%	0.08%
£500 - £4,999	0.10%	0.10%	0.08%
£5,000 - £9,999	0.13%	0.13%	0.10%
£10,000 - £24,999	0.15%	0.15%	0.12%
£25,000 - £99,999	0.18%	0.18%	0.14%
£100,000 & above	0.23%	0.23%	0.18%

View previous rates

Balance	Variable Interest Previous AER	Variable Interest Previous Gross	Variable Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account

Account Name	Treasurers Deposit
Interest Rates (AER)	Variable rates depending on balance Interest is calculated on a daily basic Interest paid half yearly on 1 June and 1 December
Tax Status	Interest paid net of basic rate tax, depending on your status.
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	Instant access. Minimum 2 registered signatures to withdraw
Access	Post or branch

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Deposit Account Application Form

 

• Undesignated Client Deposit 2
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Variable interest paid monthly on the first day of the month
• Unlimited immediate withdrawals by CHAPS (no charge)
• Additional investments allowed

Balance	Variable Interest Current AER	Variable Interest Current Gross	Variable Interest Current Net
£50,000 - £4,000,000	1.35%	1.35%	1.35%

View previous rates

Balance	Variable Interest Previous AER	Variable Interest Previous Gross	Variable Interest Previous Net
No change	No change	No change	No change

 

Key product information for our Savings Account

 

Account Name	Undesignated Client Deposit 2
Interest Rates (AER)	Variable interest rate Interest calculated on a daily basis Interest paid monthly on first day of the month
Tax Status	Interest will be paid gross
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	Instant access via CHAPS only to a nominated bank account
Access	Banking system, post or branch

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Deposit Account Application Form

 

• Ipswich Pension Reserve
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• No initial or annual administration charges
• Withdrawals subject to 60 days' notice or interest penalty
• Additional investments allowed
• Annual interest paid on 5 April

Balance	Variable Interest Current AER	Variable Interest Current Gross	Variable Interest Current Net
£1,000 - £24,999	1.90%	1.90%	1.90%
£25,000 - £84,999	2.15%	2.15%	2.15%
£85,000- £500,000	2.40%	2.40%	2.40%

View previous rates

Balance	Variable Interest Previous AER	Variable Interest Previous Gross	Variable Interest Previous Net
£1,000 - £24,999	1.75%	1.75%
£25,000 - £84,999	1.90%	1.90%
£85,000- £500,000	2.10%	2.10%

Key product information for our Savings Account

Account Name	Ipswich Pension Reserve (for members of a SIPP scheme)
Interest Rates (AER)	Variable tiered interest rates Interest is calculated on a daily basis Annual interest on 5 April
Tax Status	Automatically eligible to receive gross interest
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	60 days' notice or 60 days' loss of interest on amount withdrawn
Access	Banking system or post

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
Ipswich Pension Reserve Application Form

 

• 1 Year Fixed Rate SIPP Bond (Issue 3)
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Fixed rate for 1 year from date of opening
• No initial or annual administration charges
• No withdrawals allowed. Early closure subject to 120 days' interest penalty
• No additional investments allowed
• Interest payable at the end of the fixed rate period on the anniversary of account opening

Balance	Fixed Interest Current AER	Fixed Interest Current Gross	Fixed Interest Current Net
£1,000 - £500,000	2.80%	2.80%	2.80%

View previous rates

Balance	Fixed Interest Previous AER	Fixed Interest Previous Gross	Fixed Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account

 

Account Name	1 Year Fixed Rate SIPP Bond (Issue 3)
Interest Rates (AER)	Fixed rate of 2.80% Gross/AER for balances £1,000 - £500,000 Fixed for 1 year from date of opening Interest calculated on a daily basis Interest at the end of the fixed rate period on the anniversary of account opening
Tax Status	Automatically eligible to receive gross interest
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	No withdrawals. Early closure subject to 120 days' interest penalty
Access	Banking system or post

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
SIPP Application Form

 

• 2 Year Fixed Rate SIPP Bond (Issue 3)
• Rates
• Summary Box
• Terms & Conditions
• Apply Now

• Fixed rate for 2 years from date of opening
• No initial or annual administration charges
• No withdrawals allowed. Early closure subject to 120 days' interest penalty
• No additional investments allowed
• Interest payable at account anniversary and at the end of the fixed rate period on the anniversary of account opening

Balance	Fixed Interest Current AER	Fixed Interest Current Gross	Fixed Interest Current Net
£1,000 - £500,000	3.00%	3.00%	3.00%

View previous rates

Balance	Fixed Interest Previous AER	Fixed Interest Previous Gross	Fixed Interest Previous Net
No change	No change	No change	No change

Key product information for our Savings Account 

Account Name	2 Year Fixed Rate SIPP Bond (Issue 3)
Interest Rates (AER)	Fixed rate of 3.00% Gross/AER for balances £1,000 - £500,000 Fixed for 2 years from date of opening Interest calculated on a daily basis Interest paid at account anniversary and at the end of the fixed rate period on the anniversary of account opening
Tax Status	Automatically eligible to receive gross interest
Conditions for Bonus Payments	Not applicable
Withdrawal Arrangements	No withdrawals. Early closure subject to 120 days' interest penalty
Access	Banking system or post

Useful Downloads	Download
Terms and conditions

I Accept Terms and Conditions

Useful Downloads	Download
SIPP Application Form

Useful Downloads	Download
Corporate Deposit accounts and Bonds - summary of all product terms and interest rates
Identification details - documents required when opening an account
Customer Information - outlines procedures for opening and using our savings accounts
General Investment Terms & Conditions - applies to all savings accounts with the Society