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 £765,000 in cash with full Financial Services Compensation Scheme (FSCS) cover. You can save more if you wish but the proportion over £765,000 would not be covered by the scheme. There are now 9 options available with 4 fixed accounts ranging from 6 to 24 months or a 35 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 5 by Most popular
35 Day Notice Variable Account - up to 1.18%
OakNorth Bank Rate
1.01% AER Metro Bank Rate
*0.55% AER (SME Only) Aldermore Bank Rate
N/A Bank & Clients
0.45% AER Shawbrook Bank Rate
1.18% AER Teachers BS Rate
**0.80% AER
-
Arbuthnot Latham Rate
N/A Investec Rate
1.05% AER Charter Savings Bank
N/A Cambridge & Counties Rate
N/A
-
Number of Banks available
5 Maximum (Protected) Investment
£425,000 Minimum Investment
£1,000 Moneybrain Initial fee
0.15% Annual renewal fee
0.15%
-
-
Individual
OakNorth Bank, Bank & Clients, Shawbrook Bank, Teachers Building Society, Investec SME
OakNorth Bank, Metro Bank.
Bank & Clients Charity
N/A
Trust
N/A
-
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 26-09-2019 *Metro Bank product available to SME only - no Individual Account available. ** Teachers BS SME Account rate 0.55% AER. Eligible for FSCS Protection 6 Month Fixed Rate Account - up to 1.15%
OakNorth Bank Rate
1.05% AER Metro Bank Rate
0.55% AER Aldermore Bank Rate
1.15% AER
Bank & Clients
N/A Shawbrook Bank Rate
N/A Teachers BS Rate
N/A
-
Arbuthnot Latham Rate
N/A Investec Rate
N/A Charter Savings Bank
N/A Cambridge & Counties Rate
N/A
-
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,
Aldermore SME
OakNorth Bank, 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 30-01-2020
Eligible for FSCS Protection 12 Month Fixed Rate Account - up to 1.35%
OakNorth Bank Rate
1.30% AER Metro Bank Rate
1.20% AER Aldermore Bank Rate
1.20% AER Bank & Clients
1.15% AER
Shawbrook Bank Rate
1.35% AER Teachers BS Rate
N/A
-
Arbuthnot Latham Rate
1.10% AER Investec Rate
1.35% AER Charter Savings Bank
*1.31% AER Cambridge & Counties Rate
N/A
-
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, Bank and Clients. Investec, Arbuthnot Latham.
SME
OakNorth Bank,
Metro Bank,
Aldermore,
Shawbrook Bank, Bank and Clients, Arbuthnot Latham. Charter Savings Bank Charity
Metro Bank, Aldermore, Arbuthnot Latham. Charter Savings Bank
Trust
Metro Bank, Aldermore, Arbuthnot Latham. 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 18-02-2020
Eligible for FSCS Protection. *Charter Savings Bank rate available to SME, Charities & Trusts only. 18 Month Fixed Rate Account - up to 1.40%
OakNorth Bank Rate
1.35% AER Metro Bank Rate
1.30% AER Aldermore Bank Rate
1.25% AER Bank & Clients
N/A Shawbrook Bank Rate
N/A Teachers BS Rate
N/A
-
Arbuthnot Latham Rate
N/A Investec Rate
1.40% AER Charter Savings Bank
N/A Cambridge & Counties Rate
N/A
-
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, Metro Bank, Aldermore, Investec
SME
OakNorth Bank, 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 18-02-20
Eligible for FSCS Protection 24 Month Fixed Rate Account - up to 1.65% AER
OakNorth Bank Rate
1.40% AER Metro Bank Rate
N/A Aldermore Bank Rate
1.30% AER Bank & Clients
N/A Shawbrook Bank Rate
1.44% AER Teachers BS Rate
N/A
-
Arbuthnot Latham Rate
N/A Investec Rate
1.49% AER Charter Savings Bank
N/A Cambridge & Counties Rate
N/A
-
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, Cambridge and Counties
SME
OakNorth Bank, Aldermore, Cambridge and Counties Charity
Aldermore, Cambridge and Counties
Trust
Aldermore, Cambridge and Counties
-
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 07-02-20 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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