Important Messages
Our branches and contact centre will be closed on Friday 17 May to ensure our staff are able to attend essential training.
We will be open as usual on Saturday 18 May. We apologise for any inconvenience this may cause.
Our branches and contact centre will be closed on Friday 17 May to ensure our staff are able to attend essential training.
We will be open as usual on Saturday 18 May. We apologise for any inconvenience this may cause.
Our Business E-Saver account is an online, instant access savings account specifically for business money. You can pay in whenever you want to while having the peace of mind that you can take money out immediately, direct to your business bank account, if you need to.
This account can be withdrawn at any time.
Business E-Saver account (Issue 8)
The interest rate paid on the account will be paid as below:
Minimum balance | Interest | Gross p.a./AER* |
£10,000.00 | Annually | 3.30% |
Rate effective from 11 October 2023.
Interest is calculated each day on the available money in your account and is paid on 31 December every year.
The interest rate for this account is variable. This means we can change it at any time. You can find full details in our Savings Terms and Conditions.
If your account falls below the minimum balance, the interest rate we'll pay you will reduce to 0.05% Gross p.a/AER*.
This is based on no further money being paid in or taken out of the account and no change to the interest rate.
Balance | Gross p.a./AER* | Balance at 12 months |
£10,000.00 | 3.30% | £10,330.00 |
Yes, you can take money out of this account anytime, in line with our daily withdrawal limits. This means you can also close your account anytime.
Our Savings Promises provide you with additional peace of mind, including penalty-free access to your money if your life circumstances significantly change (e.g. serious illness, redundancy, etc). For more information please click here or ask us.
If the total amount of interest you earn is more than your tax-free Personal Savings Allowance, you may have to pay tax to HM Revenue & Customs (HMRC). For more information visit gov.uk.
* Interest Rate definitions: Gross is the interest rate without the tax deducted. AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded once each year.
Where the Savings Terms & Conditions are inconsistent with the account-specific rules and criteria, these account-specific rules and criteria will apply and will take priority.
Use our Branch Finder to find information about our branches, including opening hours, contact details, access to the branch, facilities and parking.
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