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

Mansfield Building Society SIPP Trust Cash Deposit Account – Easy Access (2nd issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.75%
£25,000
£250,000
FSCS
Cater Allen Investment SIPP bank account SSAS account is the Reserve Account for Pensions
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£500,000
No maximum
FSCS
0.30%
£100,000
No maximum
FSCS
0.10%
£0
No maximum
FSCS
Teachers Building Society Easy Access Pension
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£1,000
£500,000
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

United Trust Bank Business 40 Day Notice Issue 1
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£5,000
£1,000,000
FSCS
Cater Allen Pension Notice 30 Account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.25%
£0
No maximum
FSCS
Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 30 (6th issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£25,000
£500,000
FSCS
Teachers Building Society Pension 30 day notice
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
£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

90/95 Day Notice

United Trust Bank Business 100 Day Notice Issue 3
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.75%
£5,000
£1,000,000
FSCS
Teachers Building Society 90 day notice
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.50%
£1,000
£500,000
FSCS
Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 90 (5th issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.25%
£25,000
£500,000
FSCS
Close Brothers Savings 95 day notice Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£25,000
£2,000,000
FSCS

200 Day Notice

United Trust Bank Business 200 Day Notice Issue 2
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.90%
£5,000
£1,000,000
FSCS
Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 180 (3rd issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.55%
£25,000
£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?
0.65%
£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?
0.65%
£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

United Trust Bank Business 3 Month Bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.20%
£5,000
£1,000,000
FSCS
Punjab National Bank 3 Month Fixed Rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.65%
£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

United Trust Bank Business 6 Month Bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£5,000
£1,000,000
FSCS
Punjab National Bank 6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£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?
1.40%
£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

Cater Allen 12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.40%
£85,000
No maximum
FSCS
Punjab National Bank 1 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£1,000
None
FSCS
United Trust Bank Business 1 year bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£5,000
£1,000,000
FSCS
Close Brothers Savings 12 month fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£25,000
£2,000,000
FSCS
Metro Bank 12 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.45%
£10,000
£2,000,000
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

15 month fixed rate

United Trust Bank Business 15 month bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.40%
£5,000
£1,000,000
FSCS
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Punjab National Bank 15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£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

United Trust Bank Business 18 month bond
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.65%
£5,000
£1,000,000
FSCS
Punjab National Bank 18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£1,000
None
FSCS
Teachers Building Society Fixed rate pension account (issue 5) - fixed until 16 January 2024
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.25%
£1,000
£500,000
FSCS
Metro Bank 18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£10,000
£2,000,000
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

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?
2.85%
£5,000
£1,000,000
FSCS
Cater Allen 24 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.80%
£85,000
No maximum
FSCS
Close Brothers Savings 2 year fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.65%
£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?
2.50%
£1,000
None
FSCS
Teachers Building Society Fixed rate pension account (issue 6) - Fixed rate to 16 July 2024
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.50%
£1,000
£500,000
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?
2.90%
£5,000
£1,000,000
FSCS
Teachers Building Society Fixed rate pension account (issue 7) - fixed rate to 17 July 2025
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.75%
£1,000
£500,000
FSCS
Close Brothers Savings 3 year fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.70%
£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?
2.55%
£1,000
None
FSCS
Metro Bank 3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.55%
£10,000
£2,000,000
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

4 Year Fixed Rate

Punjab National Bank 4 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.60%
£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 Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
2.80%
£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?
2.75%
£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?
1.20%
£500
£1,000,000
None, but unlimited deposits guaranteed by HM Treasury