Managing your cash

Cash is an important element of your financial security and wellbeing – mainly in the short to medium term. You may be saving for home improvements, a car or a deposit for a home, or even a rainy day. Sometimes you might need a temporary home for a much larger sum.

So where should you deposit your cash? While there are likely to be more attractive rates available elsewhere, you trust your High Street bank. It’s also easier than researching other options and opening new accounts.

We can introduce you to 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. Please note that the service is separate and distinct to those offered by St. James’s Place.

  • 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 £50,000 for personal clients and £250,000 for corporate and charity clients.