Business

Savings accounts designed for small to medium sized businesses, clubs, societies, charities and pension fund managers.

Our full Business Accounts range

Business Saver

Instant access Business Saver account is right for you if your employee headcount is no more than 250 people and turnover is less than £45 million.

Rates effective from 05/03/2012

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£10,000£10,000,000UnlimitedN/A1.30n/a1.30n/a
 

95 Day Business Saver

This notice account could be right for you if you don't need immediate access to your savings and you're after a higher rate of interest. Your employee headcount must be no more than 250 people and turnover is less than £45 million.

Rates effective from 05/03/2012

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£10,000£10,000,000Unlimited95 Days*1.60n/a1.60n/a
 

Corporate Saver

Instant access Corporate Saver account is right for you if your employee headcount is no more than 500 people and turnover is less than £100 million.

Rates effective from 05/03/2012

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£100,000£25,000,000UnlimitedN/A1.00n/a1.00n/a
 

95 Day Corporate Saver

This notice account could be right for you if you don't need immediate access to your savings and you're after a higher rate of interest. Your employee headcount must be no more than 500 people and turnover is less than £100 million.

Rates effective from 05/03/2012

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£100,000£25,000,000Unlimited95 Days*1.30n/a1.30n/a
 

Treasurers’ Trust

Instant access savings account for clubs, societies and charities. The minimum opening balance is £50. Minimum age 18.

Rates effective from 01/03/2009

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£1£2,000,000UnlimitedN/A0.01n/a0.010.01
 

PortfolioInvestor

Savings account for pension fund managers. Minimum age 18.

Rates effective from 01/03/2009

Balance

Min
MaxFree withdrawals per yearNotice period/loss of interest for additional withdrawalsAER%AER% including bonusGross p.a.%Net p.a.%
£1£5,000,000UnlimitedN/A0.01n/a0.010.01
 

Business Time Deposit Investments

Wholesale moneymarket investment with a fixed rate for a fixed term, interest paid gross on maturity. Minimum investment of £500,000, minimum investment period of 1 month up to 1 year. Rates are available on application.

 

Interest rate definitions:

AERAER Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
GrossThe gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
NetThe net rate of interest is the interest payable after any income tax is deducted (if you do pay tax).

The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change.