Non-Personal Accounts

Does your organisation need a safe and reliable place to save funds? Look no further than Vernon's non-personal accounts.

Account Interest rate Open from Withdrawals Useful information
Client Account

3.15%

Gross p.a

3.20% AER

£50,000 Unlimited
  • Non-designated client account
  • Deposit up to £1,000,000
  • Dedicated relationship manager
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35-Day Notice Business Deposit

3.10%

Gross p.a

3.10% AER

£10,000 35-Days Notice Required
  • Deposit up to £1,000,000
  • Incorporated businesses only
  • Dedicated relationship manager
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35-Day Notice Charity Account

3.30%

Gross p.a

3.30% AER

£10,000 35-Days Notice Required
  • Deposit up to £750,000
  • Registered charities only
  • Dedicated relationship manager
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Charities, Clubs & Associations

2.30%

Gross p.a

2.30% AER

£1 Unlimited
  • Deposit up to £500,000
  • Postcode restrictions apply
  • Open in branch
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The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

The AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Charity Accounts Explained

Thinking About Saving With a Charity Account?

Here's everything you need to know.

Charity Accounts Explained

Financial Services Compensation Scheme

Did you know that your eligible deposits with the Vernon are protected up to a total of £85,000 (£170,000 for joint accounts) by the Financial Services Deposit Scheme (FSCS), the UK's deposit guarantee scheme?

Learn more about the FSCS