Cash Management & Interest Rates*
Credit balances in clients' portfolios with Credo's primary custodian will be held in a deposit account paying a rate of interest as shown below. These rates are net of all applicable charges and fees from the custodian.
| Credit Balance | GBP Rate (%) | USD Rate (%) |
| Under 10,000 | 0.40 | 0.00 |
| 10,000 - 24,999 | 1.40 | 0.95 |
| 25,000 - 49,999 | 1.90 | 1.45 |
| Thereafter | 2.40 | 1.95 |
Credit interest is calculated from the date on which we receive the funds up to the date of withdrawal or the settlement of purchases. Interest payable is distributed gross on a monthly basis.
Debit balances are charged with reference to our custodian's client overdraft rate. Our primary custodian client overdraft rates per currency are:
| Currency | Rate (%) |
| GBP | 8.75 |
| USD | 12.07 |
Credo currently charges 5% above our custodian's client overdraft rate.
Applicable rates on other major currencies at Credo's primary custodian and all applicable rates at our non-primary custodians are available on request.
(*) Rates updated as at 29 December 2025 and applicable to clients whose Schedule of Charges refer to Cash Management information being available on the Credo website.