Moneybrain Cash:At last... a savings account that works just as hard as you do!
Moneybrain Cash gives you the ability to deposit up to £850,000 in cash with full Financial Services Compensation Scheme (FSCS) cover. You can save more if you wish but the proportion over £850,000 would not be covered by the scheme. There are now 10 options available with 4 fixed accounts ranging from 6 to 24 months, a 35 day notice and 95 day notice variable account. Accounts are available to individuals, SME's, Charities and Trusts. It is important to note that not all accounts are available to all entities. Take a look at the FAQ's at the bottom of the page to see how it works.
Top 6 by Most popular
35 Day Notice Variable Account - up to 0.55%
OakNorth Bank Rate
0.35% AER Metro Bank Rate
Not Available Aldermore Bank Rate
Not Available Bank & Clients Rate
0.20% AER Shawbrook Bank Rate
0.55% AER Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Applicable Arbuthnot Latham Rate
Not Available Investec
Rate
*0.45% AER Charter Savings Bank Rate
Not Available
-
Number of Banks available
4 Maximum (Protected) Investment
£340,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.15% Annual renewal fee
0.15%
-
-
Individual
OakNorth Bank, Bank & Clients, Shawbrook Bank, Investec SME
Investec. Charity
Investec
Trust
Investec
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. All rates correct as at 07-07-2020 *Investec rate for Charities, Companies and Trusts is 0.25% AER. Eligible for FSCS Protection 95 Day Notice Variable Account - up to 0.60%
OakNorth Bank Rate
Not Available Metro Bank Rate
Not Available Aldermore Bank Rate
Not Available Bank & Clients Rate
Not Available Shawbrook Bank Rate
Not Available Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Available Arbuthnot Latham Rate
Not Available Investec
Rate
*0.60% AER Charter Savings Bank Rate
N/A
-
Number of Banks available
1 Maximum (Protected) Investment
£85,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.15% Annual renewal fee
0.15%
-
-
Individual
Investec SME
Investec Charity
Investec Trust
Investec
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. *Investec rate for Charities, Companies and Trusts is 0.45% AER. All rates correct as at 07-07-2020
Eligible for FSCS Protection 6 Month Fixed Rate Account - up to 0.45%
OakNorth Bank Rate
0.35% AER Metro Bank Rate
0.20% AER Aldermore Bank Rate
Not Available Bank & Clients Rate
Not Available Shawbrook Bank Rate
Not Available Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Available Arbuthnot Latham Rate
Not Available Investec
Rate
Not Available Charter Savings Bank Rate
0.45% AER
-
Number of Banks available
3
Maximum (Protected) Investment
£255,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.15% Annual renewal fee
0.15%
-
-
Individual
OakNorth Bank,
Metro Bank, Charter Savings Bank. SME
Metro Bank Charity
Metro Bank. Trust
Metro Bank.
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. **Investec rate for Charities, Companies and Trusts is 0.40% AER. All rates correct as at 14-07-2020
Eligible for FSCS Protection 12 Month Fixed Rate Account - up to 0.75%
OakNorth Bank Rate
0.49% AER Metro Bank Rate
0.60% AER Aldermore Bank Rate
0.75% AER Bank & Clients Rate
Not Available Shawbrook Bank Rate
***0.75% AER Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Available Arbuthnot Latham Rate
0.61% AER Investec
Rate
0.75% AER Charter Savings Bank Rate
*0.75% AER
-
Number of Banks available
7 Maximum (Protected) Investment
£595,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.25% Annual renewal fee
0.25%
-
-
Individual
OakNorth Bank,
Metro Bank,
Aldermore,
Shawbrook Bank, Investec, Arbuthnot Latham, Charter Savings Bank
SME
Metro Bank,
Aldermore,
Shawbrook Bank, Investec, Arbuthnot Latham. Charter Savings Bank Charity
Metro Bank, Aldermore, Arbuthnot Latham. Investec. Charter Savings Bank
Trust
Metro Bank, Aldermore, Arbuthnot Latham. Investec. Charter Savings Bank
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. All rates correct as at 03-08-2020
Eligible for FSCS Protection. *Charter Savings Bank rate available to SME, Charities & Trusts is 0.70%.
**Investec rate for Charities, Companies and Trusts is 0.55% AER.
***Shawbrook rate for SME's is 0.45% AER. 18 Month Fixed Rate Account - up to 0.77%
OakNorth Bank Rate
0.57% AER Metro Bank Rate
0.65% AER Aldermore Bank Rate
0.77% AER Bank & Clients Rate
Not Available Shawbrook Bank Rate
Not Available Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Available Arbuthnot Latham Rate
Not Available Investec
Rate
Not Available Charter Savings Bank Rate
Not Available
-
Number of Banks available
3 Maximum (Protected) Investment
£255,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.25% Annual renewal fee
0.25%
-
-
Individual
OakNorth Bank, Metro Bank, Aldermore.
SME
Metro Bank, Aldermore.
Charity
Metro Bank, Aldermore.
Trust
Metro Bank, Aldermore.
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. All rates correct as at 03-08-20. 24 Month Fixed Rate Account - up to 0.85% AER
OakNorth Bank Rate
0.58% AER Metro Bank Rate
Not Available Aldermore Bank Rate
0.80% AER Bank & Clients Rate
Not Available Shawbrook Bank Rate
0.85% AER Cambridge & Counties Rate
Not Available
-
Teachers BS Rate
Not Available Arbuthnot Latham Rate
Not Available Investec
Rate
0.80% AER Charter Savings Bank Rate
Not Available
-
Number of Banks available
4 Maximum (Protected) Investment
£340,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.25% Annual renewal fee
0.25%
-
-
Individual
OakNorth Bank, Aldermore, Shawbrook Bank, Investec.
SME
Aldermore, Investec. Charity
Aldermore, Investec
Trust
Aldermore, Investec.
-
Important Information
Please contact us for a personalised illustration. Moneybrain Cash is provided by Octopus Co-Lend Ltd., which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 08913299. Octopus Cash is managed on a day to day basis by Octopus Institutional Deposits Limited (Company registration number 10163532). Money placed via Octopus Cash will be with UK PRA regulated credit institutions. All rates correct as at 03-08-20. **Investec rate for Charities, Companies and Trusts is 0.55% AER. Eligible for FSCS Protection
Knowledge is power
Take a look at all our FAQs for immediate answers to common questions.
How does the Moneybrain Cash Savings plan work?
You can save from a minimum of £1,000. There’s no maximum.
We’ll automatically find you the best rate from our partner banks.
At the end of the one-year term, you can automatically roll-over to the best new rate.
Why am I not just covered to the normal £85,000 with the FSCS?
Because we spread your deposit across up to 5 banks, you are covered to a maximum of £85,000 with each bank. The maximum covered deposit is therefore £425,000.
I have less than £85,000 to deposit.
That's fine. We will ensure that your money is deposited with the bank paying the best rate.
I have more than £85,000 to deposit.
Your money is deposited in chunks with the banks from highest to lowest rate.
What happens if I have more than £425,000 to deposit?
You can still deposit your money however the difference above the £425,000 maximum will not be covered by the Financial Services Compensation Scheme (FSCS).
Can I withdraw funds I deposit?
If you opt for the 1 year fixed account the money needs to be with the bank for the minimum period of 12 month and cannot be withdrawn. If you choose this option it is important that you can commit to the full year.
If you opt for the 35 day notice account you can withdraw your funds with a minimum amount of £1,000 per withdrawal. Each withdrawal on this account requires a minimum of 35 days notice. There are no limitations to the number of withdrawals. If the balance is less than a £1,000 the full amount will need to be withdrawn.
Can I apply if I am an Individual, SME, Charity or Trust
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