Accounts for SIPPs
Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.
All rates are subject to change without notice, please check with the bank or building society before investing. Whilst some providers also offer accounts for SSAS, the rates could be different to those shown below.
The accounts shown above are available for Self Invested Personal Pensions (SIPPs) and Small Self Administered Schemes (SSAS) to open. It should be noted that some SIPP or SSAS providers only allow access to a restricted range of deposit accounts. Should you wish to confirm whether an account is allowable then please contact us or your SIPP/SSAS provider.
Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution
Type of account:
Instant Access
Teachers Building Society
Pension Easy Access (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£1,000
£500,000
FSCS
Cater Allen
Investment SIPP Account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.10%
£500,000
TBC
FSCS
0.05%
£100,000
£499,999
FSCS
0.01%
£0
£99,999
FSCS
Metro Bank
Instant Access
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£10,000
£5,000,000
FSCS
Scottish Widows
Pension Fund Deposit Account 2
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£500
£5,000,000
FSCS
Teachers Building Society
Pension Easy Access (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£1,000
£500,000
FSCS
Cater Allen
Investment SIPP Account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.10%
£500,000
TBC
FSCS
0.05%
£100,000
£499,999
FSCS
0.01%
£0
£99,999
FSCS
Metro Bank
Instant Access
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£10,000
£5,000,000
FSCS
Scottish Widows
Pension Fund Deposit Account 2
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£500
£5,000,000
FSCS
30 Day Notice
Teachers Building Society
Pension 30 (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.30%
£1,000
£500,000
FSCS
Cater Allen
Sovereign 30 Account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£5,000
TBC
FSCS
Teachers Building Society
Pension 30 (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.30%
£1,000
£500,000
FSCS
Cater Allen
Sovereign 30 Account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£5,000
TBC
FSCS
Will your SIPP allow access to all SIPP accounts? Our advisers are here to help, call one of the team on 0115 933 8433 or click here to complete an online enquiry form
90/95 Day Notice
Close Brothers Savings
95 day notice
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.60%
£25,000
£2,000,000
FSCS
Teachers Building Society
Pension 90 (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£1,000
£500,000
FSCS
Close Brothers Savings
95 day notice
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.60%
£25,000
£2,000,000
FSCS
Teachers Building Society
Pension 90 (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£1,000
£500,000
FSCS
1 Month Fixed Rate
Punjab National Bank
1 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
Punjab National Bank
1 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
2 Month Fixed Rate
Punjab National Bank
2 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
Punjab National Bank
2 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
Will your SIPP allow access to all SIPP accounts? Our advisers are here to help, call one of the team on 0115 933 8433 or click here to complete an online enquiry form
3 Month Fixed Rate
Punjab National Bank
3 Month Fixed Rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
Punjab National Bank
3 Month Fixed Rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£1,000
None
FSCS
Need help choosing the right account? Our advisers are here to help, call one of the team on 0115 933 8433 or click here to complete an online enquiry form
6 Month Fixed Rate
Punjab National Bank
6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£1,000
None
FSCS
Bank of Baroda
6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£500
£500,000
FSCS
Punjab National Bank
6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£1,000
None
FSCS
Bank of Baroda
6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£500
£500,000
FSCS
9 Month Fixed Rate
Punjab National Bank
9 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£1,000
None
FSCS
Bank of Baroda
9 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£500
£500,000
FSCS
Punjab National Bank
9 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£1,000
None
FSCS
Bank of Baroda
9 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£500
£500,000
FSCS
1 Year Fixed Rate
United Trust Bank
Business 1 year bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.15%
£5,000
£1,000,000
FSCS
Close Brothers Savings
12 month fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£25,000
£2,000,000
FSCS
Punjab National Bank
1 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Metro Bank
12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£10,000
£2,000,000
FSCS
United Trust Bank
Business 1 year bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.15%
£5,000
£1,000,000
FSCS
Close Brothers Savings
12 month fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£25,000
£2,000,000
FSCS
Punjab National Bank
1 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Metro Bank
12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.15%
£10,000
£2,000,000
FSCS
15 month fixed rate
Punjab National Bank
15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Punjab National Bank
15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Need help choosing the right account? Our advisers are here to help, call one of the team on 0115 933 8433 or click here to complete an online enquiry form
18 Month Fixed Rate
Punjab National Bank
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Metro Bank
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£10,000
£2,000,000
FSCS
Punjab National Bank
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£1,000
None
FSCS
Bank of Baroda
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500
£500,000
FSCS
Metro Bank
18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.20%
£10,000
£2,000,000
FSCS
2 Year Fixed Rate
United Trust Bank
2 year fixed rate bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.30%
£5,000
£1,000,000
FSCS
Close Brothers Savings
2 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£25,000
£2,000,000
FSCS
Punjab National Bank
2 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
None
FSCS
Bank of Baroda
24 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£500
£500,000
FSCS
United Trust Bank
2 year fixed rate bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.30%
£5,000
£1,000,000
FSCS
Close Brothers Savings
2 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£25,000
£2,000,000
FSCS
Punjab National Bank
2 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
None
FSCS
Bank of Baroda
24 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£500
£500,000
FSCS
3 Year Fixed Rate
United Trust Bank
3 year fixed rate bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£5,000
£1,000,000
FSCS
Close Brothers Savings
3 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.15%
£25,000
£2,000,000
FSCS
Punjab National Bank
3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£1,000
None
FSCS
Bank of Baroda
36 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.55%
£500
£500,000
FSCS
Metro Bank
3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£10,000
£2,000,000
FSCS
United Trust Bank
3 year fixed rate bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£5,000
£1,000,000
FSCS
Close Brothers Savings
3 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.15%
£25,000
£2,000,000
FSCS
Punjab National Bank
3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£1,000
None
FSCS
Bank of Baroda
36 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.55%
£500
£500,000
FSCS
Metro Bank
3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£10,000
£2,000,000
FSCS
4 Year Fixed Rate
Punjab National Bank
4 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.05%
£1,000
None
FSCS
Bank of Baroda
48 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.60%
£500
£500,000
FSCS
Punjab National Bank
4 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.05%
£1,000
None
FSCS
Bank of Baroda
48 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.60%
£500
£500,000
FSCS
Will your SIPP allow access to all SIPP accounts? Our advisers are here to help, call one of the team on 0115 933 8433 or click here to complete an online enquiry form
5 Year Fixed Rate
Close Brothers Savings
5 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.30%
£25,000
£2,000,000
FSCS
Punjab National Bank
5 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£1,000
None
FSCS
Bank of Baroda
60 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.65%
£500
£500,000
FSCS
Close Brothers Savings
5 year fixed rate
SIPP cash deposit accounts from Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.30%
£25,000
£2,000,000
FSCS
Punjab National Bank
5 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£1,000
None
FSCS
Bank of Baroda
60 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.65%
£500
£500,000
FSCS
National Savings & Investments
NS&I
Income Bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£500
£1,000,000
None, but unlimited deposits guaranteed by HM Treasury
NS&I
Income Bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£500
£1,000,000
None, but unlimited deposits guaranteed by HM Treasury
Need help choosing the right account for you?
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