Current and

Deposit Accounts

Coutts convenient current and deposit accounts are designed for your short, medium and longer-term cash management needs, underpinned by innovative and exceptional delivery.


Cash Management

At Coutts, we know that many of our clients lead busy lives – so we have created a current account with convenient features that save you valuable time.

  • Current Account

    Flexible and convenient features, designed to keep you in charge of your money.

    The Coutts Current Account puts you in charge of your money when you need it. Available to individuals, trustees and personal representatives in sterling, the Current Account is accessible through Coutts Online and Coutts Mobile, and maintains some of our longer standing features, including the Coutts cheque book.  The Current Account comes with an innovative autosweep facility which enables clients to manage account balances between their Current Account and linked Coutts deposit accounts. An unsecured, or secured, overdraft facility is also available with the Current Account.

    The accompanying Coutts Account Card (VISA Debit card) is accepted at retail outlets worldwide, enabling you to transact quickly and conveniently, online, via ATMs or over the phone or the counter. You can pay people or organisations in the UK through Standing Orders, Direct Debits, Faster Payments, CHAPs and banker’s drafts while SWIFT is available to pay people or organisations abroad. The Current Account is available in all major currencies.

    The Current Account also allows for the delivery of currency, travellers’ cheques or sterling direct to your home address, with the additional option of accessing currency and travellers' cheques through the Coutts Strand office, NatWest or RBS branches. Account holders also have exclusive access to our Safe Custody service - one of the few remaining safety deposit facilities in London.

    Read the Coutts Conditions of Use

    All credit is subject to approval and affordability checks. Terms and conditions apply. Over 18s only. Security may be required. Product fees may apply.
    Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

  • Fees and Charges

    You will be charged a quarterly fee of £150*. The fee will cover all your sole accounts and is payable in arrears in March, June, September and December. There will be no fee for non-sterling accounts where a sterling account is held.

    For joint accounts a fee of £150* per quarter will apply. This fee will be waived where any party to the account meets the criteria listed below or all parties hold a sole account with us.

    The fees for your sole and joint accounts will not be applied if you meet any of the following criteria:

    • Clients holding investment products which have a minimum total value of £250,000* or where the original amount invested was at least £250,000*; or
    • Clients who hold deposits which have a minimum total value of £250,000*; or
    • Clients who have drawn down a minimum of £250,000* in borrowing facilities, excluding overdrafts with Coutts; or
    • Clients who have investments, deposits and drawn down borrowing facilities excluding overdrafts with Coutts, with a combined minimum total of £250,000*

    *Or currency equivalent.

    Read the Coutts Banking Services Fee Tariff


Cash Management

For your day-to-day banking needs – designed to connect you with your wealth when and wherever you need it.

  • Private Reserve Account

    An instant access deposit account, ideal for surplus funds.

    The Coutts Private Reserve Account may benefit you if you have surplus funds in your Coutts Current Account, and does not require a minimum balance to be maintained.

    A Private Reserve Account can help you maintain a minimum balance of your choice on your Current Account through daily, weekly or monthly automatic transfers. A daily automatic transfer allows you to make purchases utilising your Private Reserve balances should your Coutts Current Account balance be insufficient.

    The Private Reserve Account is available in sterling, US dollars and euro. Interest is paid quarterly to your Private Reserve Account, unless you request us to credit it to another account. The interest rate is variable and may change.

    The Coutts Private Reserve Account is only available to individuals who hold a Coutts Current Account. There are no additional fees associated with the account beyond those applied for the Coutts Current Account.

    See Coutts Interest Rates


Cash Management

A range of instant access and notice deposit accounts that allow you to earn a higher rate of interest on the funds you don’t need to access immediately.


    Earn higher interest rates on short to longer term deposits.

    The Private Notice Accounts are available in 35, 60 and 95 day notice terms, and pay higher interest rates on funds where instant access is not required.

    Notice Accounts are suitable for clients who want to set aside funds for the short, medium or longer term, as well as for planned liquidity events such as tax due or pending school or university fees.

    Notice Accounts pay an interest on balances from £1, and should you wish to make a withdrawal, you will need to provide 35, 60 or 95 days' notice in writing, by telephone or through Coutts Online.

    Interest is paid monthly to your Notice Account, unless you request us to credit it to another account. The interest rate is variable and may change.

    The Coutts Private Notice Account is available to individuals aged 18 years or over who hold the Coutts Current Account. There are no additional fees associated with the account beyond those applied for the Coutts Current Account. 

    See Coutts Interest Rates


    The tax-free way to manage your savings.

    Cash ISAs are excellent for sheltering at least some of your savings from taxes. The instant access Cash ISA allows you to subscribe up to £15,240 in the current tax year with £1 minimum balance. If you already have Cash ISAs with other companies you can transfer them to Coutts, and manage all of your tax-free savings in one place with instant access to your money.

    To have a cash ISA you must be 16 or over. You must be resident in the UK. There is no limit on withdrawals. However, once you've paid in your full year's cash ISA allowance, you can't replace any money you've withdrawn in the same tax year. You should not have subscribed to any other cash ISA in the same tax year, which runs from 6 April to 5 April the next year.

    Tax- free interest means that interest payable on Cash ISAs is exempt from UK income tax. Interest rates are variable.


Cash Management

Designed for your long-term needs, allowing you to earn higher rates of interest on cash you do not require instant access to.

  • Fixed Term Deposits

    A fixed rate of interest for funds held to maturity.

    Offering the reassurance of a pre-agreed rate of interest, Coutts Fixed Term Deposits pay interest on liquidity that is not required instantly.

    When placing your funds on deposit, you can choose from a variety of maturity periods and interest rates.


    Fixed Term Deposits are available in sterling and other currencies, and interest is paid at maturity. Funds cannot be withdrawn before the end of the agreed maturity period, and only the initial deposit can be added to the account.

    The Fixed Term Deposit account is only available to individuals who hold a Coutts Current Account. There are no additional fees associated with the account beyond those applied for the Coutts Current Account.


Already a client?

For more information about Coutts
products, please speak to your

Become a client

Please get in touch online or call
020 7753 1365 to find out more
about our services.

Calls may be recorded.

Important Information

FSCS logo

Your eligible cash deposits held with Coutts & Co are protected up to a total of £75,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.

News and


Become a client

When you become a client of Coutts, you will be part of an exclusive network.

Read more »