Great Fundraising Organizations, by Alan Clayton. Book cover.

Charity Bank launches campaign to promote ethical ISA

Melanie May | 7 March 2017 | News

Charity Bank is targeting the public with a new campaign to encourage people to transfer their cash ISA to an ethical provider.
It is asking people to use their money as ‘a powerful force for good’ by opening a Charity Bank Ethical Cash ISA, with a video showing examples of the types of organisation the Charity Bank supports and offering a 0.9% interest rate.
In addition, the Ethical Cash ISA lets people save up to £15,240 a year (2016/17 tax year allowance) with a minimum opening balance of £250, and is open to transfers-in from current ISA managers. It has a 33-day notice period; and is available to UK residents aged 16 and over.
Research commissioned by Charity Bank into the attitudes of the public towards various aspects of banking found that:

Patrick Crawford, Charity Bank chief executive, said:

“People don’t know what banks do with their money but the findings tell us that there is an appetite to find out and that people would like their savings to be used for good causes.”

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