Business e-saver account
Offering convenient online access, the Business e-saver account is easy to manage and comes with a great interest rate to help you get the most out of your funds.
This account comes with the added extra of your own experienced Business Manager, who will be available to answer questions and help you manage your money.
| Summary Box Key Product Information for our Savings Accounts |
|
|---|---|
| Account name | Business e-saver account |
| Interest rates (AERs) | 1.50% variable |
| Tax status | Interest is paid net of tax unless you have registered a 38(INP) form |
| Conditions for bonus payment | There is no bonus payment for this account |
| Withdrawal arrangements | Minimum £100 withdrawal |
| Access | Easy access online 24/7 * |
- Open with a minimum of £1000 (a minimum balance of £1000 must be maintained)
- Maximum investment of £1,000,000 overall
- Transfer money out to the Company main current bank account
- Set up regular payments
- Transfer money in by electronic transfer. You can use both Direct Payment (Send us money from the Company main current bank account) and Direct Debit (Call us to deposit funds from the Company main current bank account)
- Interest is paid annually **
* Whilst we aim to provide 24 hour access to your accounts this service may very occasionally be reduced, for example when improvements / updates are made to the site.
** Annual interest is paid on all credit balances on 31st December. Interest is added to your account.
current rates | previous rates
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 1.50 | 1.20 |
current rates valid from 1 June 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 1.50 | 1.20 |
previous rates not applicable
