Deposit accounts
Business Banking Instant Access
|
Balance |
AER* % |
Gross** % |
|---|---|---|
Balance£1,000,000 and above |
AER* %0.05 |
Gross** %0.05 |
Balance£250,000 to £999,999 |
AER* %0.05 |
Gross** %0.05 |
Balance£100,000 to £249,999 |
AER* %0.05 |
Gross** %0.05 |
Balance£50,000 to £99,999 |
AER* %0.05 |
Gross** %0.05 |
BalanceUnder £50,000 |
AER* %0.05 |
Gross** %0.05 |
Rates effective from 28th April 2014.
This product is not linked to the Reference rate.
In line with the product terms and conditions customers will be contacted should the rate of this product change.
*AER – The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time
**Gross Rate – Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
Find out more about a Business Banking Instant Access Account.