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 4th of 53 providers reviewed.

Customer happiness score 55.56%
Customer trust score 83.33%
Complaints performance 85%
Transparency rating 73.97%
Fairer Finance score
Reviewed Autumn 2023
74%
Most trusted

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
App capability? i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00

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

1 stars
Cost (Year 1) i £663.33
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

1 stars
Cost (Year 1) i £663.33
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 Ethical Savings Bond

Interest Rate (AER) i 4.25%
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 i

2 Year Fixed Rate Accounts

Triodos Bank

Triodos Ethical Savings Bond

Interest Rate (AER) i 4%
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 i

Easy Access Accounts

Triodos Bank

Triodos Online Saver Plus

Interest Rate (AER) i 3.45%
Balance Tiers i 3.45% from £1
Minimum Opening Balance i £1.00
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%.
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i
Maximum Balance i £500,000.00
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Triodos Bank

Triodos Online Saver

Interest Rate (AER) i 3.05%
Balance Tiers i 3.05% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i
Maximum Balance i Unlimited
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Savings Accounts (ISAs)

2 Year Fixed Rate ISAs

Triodos Bank

Triodos Fixed Rate Cash ISA

Interest Rate (AER) i 4%
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? i
Can you transfer in funds from a stocks and shares ISA? i

Easy Access ISAs

Triodos Bank

Triodos Online Cash ISA

Interest Rate (AER) i 3.45%
Minimum Opening Balance i £10.00
Part of FSCS i
Withdrawal Penalty 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
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i