Reserve Account for Clubs and Associations

A Club and Association Account with Instant Access

We understand that the needs of clubs and associations drive their banking requirements. Our versatile Reserve Account offers instant access and is ideal for club or associations that regularly set aside funds to meet future obligations.

The minimum opening deposit is £5,000 per account, with a minimum balance of £5,000 to be maintained in each account. If the account balance goes below the £5,000 minimum required then a charge of £15 per month will apply.

This Account permits up to 30 day-to-day transactions* per calendar month, without incurring a transaction fee, including transactions on a Access Capitol Bank Visa Deferred-Debit Card attached to the Account.

Any transactions made on a Visa Deferred-Debit card (excluding cash withdrawals) are not applied to the account until the statement date. Therefore, the funds on the Account can continue to earn interest on money that's already been spent until the end of the statement period, providing the balance is high enough to earn interest.

Please see the Reserve Account Factsheet and Non-Personal Terms and Conditions for more information.

Interest rates are variable, please see current available interest rates.

* Day to day transactions on this account are: cheque withdrawals; cash machine withdrawals, cash withdrawals over the counter; Visa Deferred-Debit Card purchases including recurring transactions; Standing Orders; Direct Debits; bill payments and electronic payments.