However complex your financial arrangements become, maintaining a reserve of cash is likely to remain important for almost everyone.
From short-term saving to meeting unexpected expenses, there are always times when only cash will do. You may want to hold onto some cash for a rainy day, or perhaps you’re just looking for a temporary home for a larger sum before it’s moved elsewhere. Either way, we’ll help you find the right home for your cash.
So where should you deposit your cash? We can introduce a simple, convenient and innovative solution. The SJP Cash Deposit Service, powered by Flagstone, makes your cash work harder. It’s a safe online cash management platform where you can help maximise your interest easily.
- It’s secure and easy to use – You can compare, open and manage multiple deposit accounts easily and efficiently.
- It helps maximise your interest – You get access to exclusive rates and hundreds of deposit accounts through a single source.
- It protects your cash – With a click you can make sure more of your money is eligible for the Financial Services Compensation Scheme (FSCS) by spreading your cash across multiple banks.
The minimum deposit required to open an SJP Cash Deposit Service account is £25,000 for personal clients and £250,000 for UK-based business, charity, SIPP, SSAS, trust or POA.
In conjunction with Metro Bank we can also provide access to trust savings accounts.
For more information on either of these services, please get in touch with us.
Please note, this is a referral service and as such involves the referral to a service that is separate and distinct to those offered by St. James’s Place.