Business savings interest rates

Below are details of our current and previous interest rates for our Instant Access and business savings accounts.

Business Banking Deposits - Current Rates

 

AER %

Gross %

Balances of £5,000+

0.50%

0.50%

Up to and including £4,999.99

0.05%

0.05%
These Interest rates are correct as at 01 July 2020
 
View Business Instant Access Account - previous rates
 
Explanation of terms

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means that credit interest is paid without income tax being deducted.

Interest rates may vary from time to time.

Business Banking Deposits - Previous Rates

Instant Access Account opened between 02/11/2018 to 30/06/2020:

 

AER %

Gross %

Balances of £5,000+

1.00%

1.00%

Up to and including £4,999.99

0.15%

0.15%
Instant Access Account opened between 01/09/2018 to 01/11/2018:

Interest paid monthly

AER %

Gross %

£1 million

0.05%

0.05%

£250,000+

0.05%

0.05%

£100,000+

0.05%

0.05%

£50,000+

0.05%

0.05%

£1+

0.05%

0.05%
Instant Access Account opened between 01/12/2017 to 31/08/2018:

Interest paid monthly

AER %

Gross %

£1 million

0.05%

0.05%

£250,000+

0.05%

0.05%

£100,000+

0.05%

0.05%

£50,000+

0.05%

0.05%

£1+

0.05%

 0.05%
Business Instant Access Account - rates before 13/05/2013

Interest paid monthly

AER %

Gross % 

£1 million

0.10% 

0.10% 

£250,000+

0.10% 

0.10% 

£100,000+

0.10% 

0.10% 

£50,000+

0.10% 

0.10% 

£1+

0.10% 

0.10% 
Interest rates may vary from time to time.

Business Banking Deposits - Current Rates

Clients' Call Account

 

AER %

Gross %

£1+

0.05%

0.05%
These interest rates are correct as of 01/07/2020
 
View Clients' Call Account - previous rates
Interest rates may vary from time to time.
 
Explanation of terms

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means that credit interest is paid without income tax being deducted.

Interest rates may vary from time to time.

Business Banking Deposits - Previous Rates

Clients’ Call Accounts opened between 01/09/2018 to 30/06/2020

 

AER %

Gross %

£1+

0.20%

0.20%
Clients’ Call Accounts opened between 01/12/2017 to 31/08/2018

 

AER %

Gross %

£1+

0.10%

0.10%
Accounts opened between 01/12/2017 to 31/08/2018.
 
Clients’ Call Account – opened between 04/09/2016 to 30/11/2017

 

AER %

Gross % 

£1+

0.05%

0.05%
Accounts opened between 04/09/2016 to 30/11/2017.
 
Clients’ Call Account – opened between 13/05/2013 to 03/09/2016

 

AER %

Gross %

£1+

0.10%

0.10%
Accounts opened between 13/05/2013 to 03/09/2016.

Interest rates may vary from time to time.
 
Clients’ Call Account – opened prior to 13/05/2013

Interest paid monthly

AER %

Gross % 

£1 million

0.25%

0.25%

£250,000+

0.15%

0.15%

£100,000+

0.10%

0.10%

£50,000+

0.10%

0.10%

£1+

0.10%

0.10%
 
These interest rates are correct as at 13/05/2013.
 
Interest rates may vary from time to time.
 

Business Banking Deposits - Current Rates

Designated Clients' Account

 

AER %

Gross % 

£1+

0.05%

0.05%
These interest rates are correct as at 01 July 2020.
 
View Designated Clients' Account - previous rates.

Interest rates may vary from time to time.
 

Explanation of terms

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means that credit interest is paid without income tax being deducted.

Interest rates may vary from time to time.

Business Banking Deposits - Previous Rates

Designated Clients' Account – opened between 01/09/2018 to 30/06/2020

 

AER %

Gross % 

£100,000+

0.20%

0.20%

£1+

0.20%

0.20%
Designated Clients' Account – opened between 01/12/2017 to 31/08/2018

 

AER %

Gross % 

£100,000+

0.10%

0.10%

£1+

0.10%

0.10%
Designated Clients' Account – opened between 04/09/2016 and 30/11/2017

 

AER %

Gross % 

£100,000+

0.05%

0.05%

£1+

0.05%

0.05%
Accounts opened between 04/09/2016 to 30/11/2017.
 
Designated Clients’ Account – opened between 13/05/2013 and 03/09/2016

 

AER %

Gross %

£1+

0.10%

0.10%
 
Accounts opened between 13/05/2013 to 03/09/2016.
 
Interest rates may vary from time to time.
 
Designated Clients’ Account – opened prior to 13/05/2013
 

AER %

Gross %

£100,000+

0.10%

0.10%

£1+

0.10%

0.10%
 
These interest rates are correct as at 13/05/2013.
 
Interest rates may vary from time to time.

Financial Services Compensation Scheme

FSCS


 
Visit fscs.org.uk to find out more
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