best account to keep healthy PTA balance in

[mckenzie]

We have some money that is ear marked for a project that isn't taking off yet and I'm getting frustrated with it sitting in the current account earning nothing. HSBC (who the main account is with) have a Money Manager account that i can put it in which will earn a huge 0.05% at the moment. Even if i put it in a 3 month bond it will only pay 0.4%.
I don't mind opening an account with another bank or building society and the hassle that usually involves if it means we get some return on our money .
Any recommendations please gratefully received.
TIA

How long can you tie it up for?

Are you able to take any risk at all with it?

I'm treasurer for a couple of charities, one of which (not a PTA) has often has funds between £10-20k while we wait for the next project. I invest any excess with CCLA and we do get quarterly interest - I can't remember how much off the top of my head but it is better than the usual current account rates.

I think max 3 months MO. The project is currently being sidelined because of other priorities, new head etc and it will be an addition to current equipment, not a replacement, so if it has to be delayed because of a bond expiry date for example, so be it.

Offline, I've contacted the CCLA - thank you

CCLA
or many of the small building societies do good deals for charities

I used to suggest the Co op, but not at the moment!!!!