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Cash Hub Account

An innovative current account, offering collection of funds from maturities, disinvestments, and dividends.

Why choose a Cash Hub Account?

With our Cash Hub Account, you get transparent payment of advice fees to your professional adviser.

  • You have the choice to add your professional advisor as a signatory on the account and a seamless fee payment to a schedule agreed by all parties.
  • No fees to maintain the account.
  • Access to duplicate statements for your professional adviser, when needed.
  • Easy management of your cash portfolio.
  • Unlimited free everyday debit transactions every month.
  • Up to 2 joint account holders.
  • Get a contactless Visa Debit card. A quick and secure way to pay in the UK or abroad.
  • Interest paid on all balances.
  • You don't need an overdraft.

Additional information & interest rates

  • We'll open your new account within 7 days. It'll be quicker if you're an existing customer, opening an account with us in the same name, as long as your circumstances haven't changed.
  • Please make sure all sections of your application are complete, and you've attached the supporting documents listed within the Customer Identification Requirements (pdf) document. If anything is missing, this might cause a delay.
  • You can manage your Cash Hub Account by phone or by post.
  • Everyday debit transactions on this account are Visa Debit Card transactions, including recurring transactions; cheque withdrawals, cash machine withdrawals, standing orders, Direct Debits, bill payments and electronic payments. For details of other transactions with charges, for example CHAPS, please see our Banking Tariff and Fee Information Document.
  • Overdrafts aren't available. If you think you may need an overdraft, this account isn't right for your needs.
  • This account is subject to availability and may be withdrawn from sale at any time without notice.

Cash Hub Account - £ pounds

Fixed Term Deposit Account - & pounds
Balance Gross % p.a. AER % p.a.
£0+ 1.19% 1.20%

Rates may vary and are correct as at 18 September 2023.

  • Interest rates are variable.
  • Interest is calculated daily and credited monthly.
  • Interest paid on all balances.

The gross rate is the interest rate we pay where no income tax has been deducted.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.

How to apply

Although you should apply via your financial adviser or intermediary we have provided the relevant documentation required for an application. It's important that you fully understand the account, interest rates and the relevant Terms and Conditions before submitting an application.

To view the interest rates for this account, click on Interest rates in the 'Additional information & interest rates' section above. To view all of our interest rates go to our Interest rates page.

Please contact your financial adviser or intermediary to discuss opening the account and completing an application form.

If you don't have a financial adviser or intermediary, please contact us on capbcet@caterallen.co.uk to discuss your options.

Once your financial adviser or intermediary has sent in your application, it will usually be processed within 5 days of us receiving it, as long as the application form is completed correctly and accompanied by all required documents. Application forms we receive which are incorrect or incomplete will be automatically returned.

Literature downloads

A guide to our complaints procedure (pdf)

File size: 32.0 KB

A guide to your account (pdf)

File size: 808.9 KB

Banking Tariff (pdf)

File size: 59.0 KB

Cater Allen Visa Debit Card Guide (pdf)

File size: 422.0 KB

Change of Details Form

File size: 137.2 KB

FSCS Information Sheet and Exclusions List (pdf)

File size: 1.7 MB

Glossary of standardised terms (pdf)

File size: 38.7 KB

International payment request form (pdf)

File size: 58.8 KB

Standing order mandate (pdf)

File size: 201.0 KB