Trust bank accounts with the highest instant saving %

stevenjf

I am finding it hard to find a Trust bank account that pays above 1% interest.
I'd welcome some suggestions
Thanks
Steve

soulsaver

What's a Trust bank? Does this help?
https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/

mwarby

I guess it’s bank accounts for a trust, this might be for instance where assets are held for someone who has inherited something, but the will states its to be held in trust until the person is aged 25

a trust is a separate entity legally from the gifter(I’m sure this is wrong term) and the beneficiary(or beneficiaries) 

xylophone

a trust is a separate entity legally from the gifter(I’m sure this is wrong term) and the beneficiary(or beneficiaries) 

Settlor = a person who makes a gift into Trust.

I am finding it hard to find a Trust bank account that pays above 1% interest.

When it comes to Trust current accounts, in general they do not pay interest at all.

Some institutions will permit savings accounts to be opened in the name of a Trust.

Type Trust Deposit accounts Investment Sense into Google. This is one mentioned.

https://ccbank.co.uk/savings/5-year-fixed-rate-business-trust-and-charity-bond-7/