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?
0.35%
£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
Mansfield Building Society SIPP Trust Cash Deposit Account – Easy Access (1st issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.10%
£25,000
£250,000
FSCS
Metro Bank Instant Access Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.05%
£10,000
£5,000,000
FSCS
Bath Building Society Pension Instant Access
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.01%
£1
£250,000
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?
0.40%
£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
Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 30 (5th issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£25,000
£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

Close Brothers Savings 95 day notice Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.75%
£25,000
£2,000,000
FSCS
Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 90 (3rd issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£25,000
£500,000
FSCS
Teachers Building Society Pension 90 (Issue 1)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.45%
£1,000
£500,000
FSCS

100+ Day Notice

Mansfield Building Society SIPP Trust Cash Deposit Account – Pension 180 (1st issue)
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.70%
£25,000
£500,000
FSCS
Bath Building Society 100 Day Notice
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.10%
£1
£250,000
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?
0.25%
£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

2 Month Fixed Rate

Punjab National Bank 2 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.25%
£1,000
None
FSCS

3 Month Fixed Rate

Hodge Bank 3 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.46%
£1,000
£1,000,000
FSCS
Punjab National Bank 3 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.30%
£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

Hodge Bank 6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.55%
£1,000
£1,000,000
FSCS
Punjab National Bank 6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£1,000
None
FSCS
Bank of Baroda 6 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£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?
0.50%
£1,000
None
FSCS
Bank of Baroda 9 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.35%
£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?
1.05%
£500
£500,000
FSCS
Close Brothers Savings 12 month fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.95%
£25,000
£2,000,000
FSCS
Hodge Bank 1 year fixed rate deposit account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
£1,000,000
FSCS
Punjab National Bank 1 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
None
FSCS
Investec 12 month fixed term deposit account Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.80%
£25,000
None
FSCS
Metro Bank 12 month fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.40%
£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?
0.50%
£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

15 month fixed rate

Punjab National Bank 15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
None
FSCS
Bank of Baroda 15 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£500
£500,000
FSCS

18 Month Fixed Rate

Punjab National Bank 18 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.90%
£1,000
None
FSCS
Metro Bank 18 month fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.45%
£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?
0.50%
£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?
1.15%
£500
£500,000
FSCS
Punjab National Bank 2 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£1,000
None
FSCS
Close Brothers Savings 2 year fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.05%
£25,000
£2,000,000
FSCS
Hodge Bank 2 year fixed rate deposit account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.95%
£1,000
£1,000
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

Punjab National Bank 3 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.20%
£1,000
None
FSCS
Close Brothers Savings 3 year fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.10%
£25,000
£2,000,000
FSCS
Hodge Bank 3 year fixed rate deposit account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.96%
£1,000
£1,000,000
FSCS
Metro Bank 3 year 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 36 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£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

4 Year Fixed Rate

Punjab National Bank 4 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.30%
£1,000
None
FSCS
Hodge Bank 4 year fixed rate deposit account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.00%
£1,000
£1,000,000
FSCS
Bank of Baroda 48 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£500
£500,000
FSCS

5 Year Fixed Rate

Punjab National Bank 5 year fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.40%
£1,000
None
FSCS
Close Brothers Savings 5 year fixed rate Contact Details
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.20%
£25,000
£2,000,000
FSCS
Hodge Bank 5 year fixed rate deposit account
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.05%
£1,000
£1,000,000
FSCS
Bank of Baroda 60 month fixed rate
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
0.50%
£500
£500,000
FSCS

National Savings & Investments

NS&I Income Bond Rate will reduce to 0.01% from 24th November 2020
Interest rate (quoted gross pa)
Minimum Balance
Maximum Balance
Compensation scheme
Available SSAS?
1.15% until 24th November 2020 0.01% thereafter
£500
£1,000,000
None, but unlimited deposits guaranteed by HM Treasury