Business Reserve Account
Making your business savings grow
Whether you're saving for bills, equipment or business expansion - our savings account lets you earn interest and have instant access to your funds.
- Access to your business savings instantly
- Make as many withdrawals as you need without penalties
- No minimum or maximum balance
- Account management available online or by telephone banking
- Optional automated transfer arrangement alongside a Current Account
What is the interest rate?
| Balance | Gross rate | AER |
| £0-£999,999.99 | 0.20% | 0.20% |
| £1m+ | 0.30% | 0.30% |
Interest is calculated daily and applied monthly.
Interest rates correct at 1 October 2018 and are subject to variation.
Definitions
Annual Equivalent Rate (AER)
illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Gross Rate
the interest rate you are paid.