We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Recommendations for club accounts for non-charity

Hello. We run a small project that benefits vulnerable children. We're not registered as a charity, and have so far self-funded what we do. We're small and simple, but need to do a small amount of fundraising now to help towards costs. It's been suggested we open a club bank account, and we're looking for recommendations. Many thanks.

Comments

  • Savvy_Sue
    Savvy_Sue Posts: 47,500 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    When I was running the PTA fundraising I used Nationwide's Clubs and Societies account: I don't know if they still offer that.
    Signature removed for peace of mind
  • Robin9
    Robin9 Posts: 12,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It is most important that your funds do not go through one of your committee members accounts - no matter how honest and well meaning they are.

    I have a CAF account - you can pay cash in at HSBC - but it needs a minimum £1000 to open and a charge of £5 a month.
    Never pay on an estimated bill. Always read and understand your bill
  • daveyjp
    daveyjp Posts: 13,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    School PTA used a Natwest club account.

    From my experience avoid. Local branch didn't have a clue about the basics such as changing signatories on the account.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.