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Best rate accounts for trusts
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canuktraveller
Posts: 3 Newbie
Does anyone have any ideas on good interest rates for a small trust? My sister and I are trustees for our children and am having difficulty getting a savings account that can be opened in the name of the trust So many of the best deals are not open to trusts. 1.25% is the best we can find at the moment
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From personal experience I know that Leeds BS, Yorkshire BS and Skipton BS allow most of their accounts to be opened in trust.
If you did not require access to the money you would be able to open a 3yr/5yr fixed rate bond at Yorkshire BS at 4.65%/5.30% for example.0
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