Triodos Bank

Triodos Bank is a Dutch Bank, known for its ethical and sustainable principles. It aims to use its banking services to stimulate environmental, cultural and social change. 

It has been present in the UK since 1994 when it took over British ethical bank Mercury Provident.

Triodos Bank's UK office is based in Bristol. It offers normal banking products including current accounts, savings accounts and investment accounts. 

Triodos Bank
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Gold ribbon: first place

Savings Accounts

Ranked 3rd of 50 providers reviewed.

Customer happiness 63.11%
Customer trust 83.61%
Complaints performance 92%
Transparency rating 71.8%
Fairer Finance score
Reviewed Autumn 2022
78%

Bank accounts

Current accounts

Triodos Bank

Personal Current Account

1 stars
Annual fee i £36.00
Maximum cash machine withdrawal per day i £300.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

Triodos Bank

Personal Current Account

1 stars
Foreign cash withdrawal fee i 2.5%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.5%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

Triodos Bank

Personal Current Account

4 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 18%

Investing and pensions

Ready-made Ethical General Investment Accounts

Triodos Bank

Triodos Bank Impact Investments

2 stars
Cost (Year 1) i £675.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Does the provider have a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications £0.00
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Ready-made Ethical Stocks and Shares ISAs

Triodos Bank

Triodos Bank Impact Investments

2 stars
Cost (Year 1) i £675.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Is there a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications £0.00
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Savings Accounts

1 Year Fixed Rate Accounts

Triodos Bank

Triodos One Year Ethical Savings Bond

Interest Rate (AER) i 3.5%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

2 Year Fixed Rate Accounts

Triodos Bank

Triodos Two Year Ethical Savings Bond

Interest Rate (AER) i 3.7%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

3 Year Fixed Rate Accounts

Triodos Bank

Triodos Three Year Ethical Savings Bond

Interest Rate (AER) i 3.5%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

Easy Access Accounts

Triodos Bank

Triodos Online Saver Plus

Interest Rate (AER) i 2.55%
Maximum Balance i £500,000.00
Part of FSCS i
Withdrawal Penalty i 3 penalty free withdrawal per 12 month period. In months where further withdrawals are made exceeding the limit the interest paid will be 0.10%.
Additional Information i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i

Triodos Bank

Triodos Online Saver

Interest Rate (AER) i 2.17%
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i

Savings Accounts (ISAs)

2 Year Fixed Rate ISAs

Triodos Bank

Two Year Fixed Rate Cash ISA

Interest Rate (AER) i 3.7%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 180 days interest
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

3 Year Fixed Rate ISAs

Triodos Bank

Three Year Fixed Rate Cash ISA

Interest Rate (AER) i 3.5%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 270 days interest
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Easy Access ISAs

Triodos Bank

Triodos Online Cash ISA

Interest Rate (AER) i 2.57%
Part of FSCS i
Withdrawal Penalty i Withdrawals can be made via nominated account
Minimum Opening Balance i £10.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?