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
Business Instant Access Account
|
|
AER % |
Gross % |
|---|---|---|
|
Balances of £5,000+ |
1.00% |
1.00% |
|
Up to and including £4,999.99 |
0.15% |
0.15% |
View Business Instant Access Account - previous rates
Client' Call Account
|
|
AER % |
Gross % |
|---|---|---|
|
£1+ |
0.20% |
0.20% |
View Clients' Call Account - previous rates
Designated Clients' Account
|
|
AER % |
Gross % |
|---|---|---|
|
£100,000+ |
0.20 |
0.20 |
|
£1+ |
0.20 |
0.20 |
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
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% |
Clients’ Call Account – opened between 04/09/2016 to 30/11/2017
|
|
AER % |
Gross % |
|---|---|---|
|
£1+ |
0.05% |
0.05% |
Clients’ Call Account – opened between 13/05/2013 to 03/09/2016
|
|
AER % |
Gross % |
|---|---|---|
|
£1+ |
0.10% |
0.10% |
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% |
Clients’ Call Accounts opened between 01/12/2017 to 31/08/2018
|
|
AER % |
Gross % |
|---|---|---|
|
£1+ |
0.10% |
0.10% |
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 |
Designated Clients’ Account – opened between 13/05/2013 and 03/09/2016
|
|
AER % |
Gross % |
|---|---|---|
|
£1+ |
0.10% |
0.10% |
Designated Clients’ Account – opened prior to 13/05/2013
|
AER % |
Gross % |
|
|---|---|---|
|
£100,000+ |
0.10% |
0.10% |
|
£1+ |
0.10% |
0.10% |
