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US citizens in the UK · Institutions

Which Coutts accounts accept US citizens

Last checked

Coutts has been checked for US citizens across 3 account types. All 3 are open to a US person (1 with strings).

If you already have an account with Coutts, a second one there is usually the easier application, because Coutts has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

At a glance

Account Verdict Last checked
Current accounts Opens
Savings accounts Opens
Mortgages With strings

Current accounts

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Opens

Coutts states on its own important information page that it can offer bespoke investment services to US citizens resident outside the US, so being American is not a bar. The entry requirement is the real gate.

FSCS £120,000 · relationship managed, app, online or 24-hour phone

Account Terms The catch
Private Current Account
Monthly fee
£100 a month, free once combined holdings reach £500,000
Interest
None
Abroad
No charge for using the card abroad, and accounts are available in 22 currencies
 Within three months of joining you must hold at least £3 million across investments and savings, or borrowing of at least £3 million, and keep it.

Source: Coutts important information and current account pages, 2026-08-17 Last checked Coutts's own page

Savings accounts

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Opens

Coutts publishes full savings rates, but every savings account requires a Coutts current account in the same currency, so you need the private banking relationship first and its £3 million entry test applies. The US taxes the interest as ordinary income.

FSCS £120,000 · relationship managed · Coutts current account required

Account Terms The catch
Fixed Term Deposit
Access
Fixed term
Rate
4.52% AER, fixed
Term
1 year
Min
£25,000
Rate as of
 Indicative; your private banker confirms the rate. Needs a Coutts current account, and the relationship needs £3,000,000. The quoted rate is the 12 month term on £25,000 to £2,999,999; larger balances pay more.
Private Notice Account
Access
Notice
Rate
3.71% AER, variable
Term
95 days notice
Min
£1
Rate as of
 Sterling only, and needs a Coutts current account. The 35 day version pays 3.25% and the 60 day 3.51%.
Private Reserve Account
Access
Easy access
Rate
0.55% AER, variable
Min
£1
Rate as of
 Tiered on the whole balance, so this entry rate rises to 2.63% above £250,000 and 3.19% above £3,000,000. Needs a Coutts current account.

Source: Coutts rates and prices, 2026-08-17 Last checked Coutts's own page

Mortgages

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With strings

US persons: a minimum loan above £1,500,000 for new clients

Coutts sets no citizenship bar and says it can assess income across a broad range of currencies, so the gate is size rather than your passport. Its criteria put the minimum loan for new clients above £1,500,000, which rules out most first purchases.

Private banker or broker · minimum loan above £1,500,000 for new clients

Account Terms The catch
2 year fixed rate
Rate
5.20%, fixed
Then
6.25% follow on variable rate
Term
2 years
Max LTV
60%
Product fee
0.5% of the loan, minimum £1,000
Rate as of
 The 60% loan to value tier; tiers run to 90% at 5.60%. Minimum loan for new clients is above £1,500,000. Up to £2,000 off the fee where the property is EPC A or B.
2 year tracker
Rate
Coutts base rate plus 1.04%, tracker
Then
6.25% follow on variable rate
Term
2 years
Max LTV
60%
Product fee
0.5% of the loan, minimum £1,000
Rate as of
 The 60% tier, rising to base plus 1.34% at 90%. Coutts says it will never set its base rate below zero. Overpayments are free on trackers.

Source: Coutts intermediary mortgage criteria and rate sheet, 31 July 2026, read 2026-08-17 Last checked Coutts's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.