Interest Rates - Accounts & Services - Business Banking

Business deposit accounts

Interest rates on our accounts

Effective from 20th February 2017 Existing Rates

 

Account 

 

Frequency Interest Paid 

 

Rate bands £

Gross %

AER %

Instant Access Accounts

 

     
Bonus Access Account Quarterly £0 +
0.01
0.01
Liquidity Manager  Monthly  £0 +
0.01 0.01
Liquidity Select      For rates contact our business team
Fixed Term Accounts       
Money Desk Deposits 
     £2,500 for terms 6 months or more
£10,000  for terms less than 6 months
For rates contact our business team 

* Bonus interest is calculate daily and paid quarterly in quarters where no more than one withdrawals made in that quarter. Bonus interest payments are contingent on your account remaining open for the full quarter. For details of quarterly period dates, refer to Business Banking Terms and Conditions below.

Interest rates are variable and subject to change.

No longer available to new customers

 

Account

Frequency Interest Paid

Rate Band £

Gross %

AER %

Business Reserve Annually in October £0 +
0.01 0.01
30 Day Business Reserve Annually in October £0 + 0.01 0.01
Solicitor's Reserve Annually in October £0 + 0.01 0.01
Please note: All rates are subject to variation and are correct as of 20th February 2017

 

    Gross % AER %
Business Reserve Annually in October 250,000 + 0.05 0.05
    100,000 - 249,999   0.05 0.05
    25,000 - 99,999 0.05 0.05
    10,000 - 24,999 0.05 0.05
    1 - 9,999 0.05 0.05
30 Day Business Reserve Annually in October 250,000 + 0.15 0.15
    100,000 - 249,999
0.10 0.10
    50,000 - 99,999 0.10
0.10
    25,000 - 49,999 0.10 0.10
    1 - 24,999 0.10
0.10
Solicitor's Reserve Annually in October 250,000 + 0.05
0.05
    100,000 - 249,999 0.05 0.05
    25,000 - 99,999 0.05 0.05
    10,000 - 24,999 0.05 0.05
    1 - 9,999 0.05 0.05

Previous Deposit Rates
Accordion

Icon expand Bonus Access Account

 

Frequency Interest Paid 

Rate Band £

Gross %

AER %

Quarterly (Excluding Bonuses) 0 - 499,999
0.01
0.01
  500,000 - 999,999
0.06 0.06
  1,000,000 +
0.11 0.11
Quarterly (Including Bonuses)* 0 - 499,999 0.05 0.05
  500,000 - 999,999
0.10 0.10
  1,000,000 +
0.15 0.15

 

Accordion

Icon expand Liquidity Manager

 

Frequency Interest Paid 

Rate Band £

Gross %

AER %

Monthly  0 - 499,999
0.05 0.05
  500,000 - 999,999
0.10 0.10
  1,000,000 +
0.15 0.15

 

Accordion

Icon expand Business Reserve

 

Frequency Interest Paid 

Rate Band £

Gross %

AER %

Annually in October 1m +
0.15 0.15
  500,000 - 999,999   0.10 0.10
  0 - 499,999 0.05 0.05

 

Accordion

Icon expand 30 Day Business Reserve

 

Frequency Interest Paid 

Rate Band £

Gross %

AER %

Annually in October 1m + 0.15 0.15
  500,000 - 999,999
0.10 0.10
  250,000 - 499,999 0.05
0.05
  0 - 249,999 0.05 0.05

 

Accordion

Icon expand Solicitor's Reserve

 

Frequency Interest Paid 

Rate Band £

Gross %

AER %

Annually in October 1m + 0.15
0.55
  500,000 - 999,999 0.10 0.10
  0 - 499,999 0.05 0.05

 

Interest rates are subject to variation.

 

Gross Rate - This is the interest you are paid.

 

Annual Equivalent rate (AER) - this is a notional rate of interest used for interest bearing accounts, which illustrates the rate if paid and compounded each year.  It helps you to compare the effective rates of credit interest on different accounts.

 

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General enquiries

Please call 0345 366 5592 (UK)

or if calling from abroad, 0044 2890 538459

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