INTEREST RATES

RATES FOR BUSINESS ACCOUNTS

Current rates for Business Accounts

 

 Business Accounts  Balance Gross Gross AER^
 2nd Issue Business Saver    
 Annual interest 
 £100,000+ 0.30% 0.30% 
 (Rates effective from 25 February 2021)
 £50,000+ 0.30% 0.30% 

 £10,000+ 0.20% 0.20% 
  £1,000+ 0.20% 0.20% 
    
 2nd Issue Club Saver    
 Annual interest
 £100,000+ 0.30% 0.30% 
 (Rates effective from 25 February 2021)
 £50,000+ 0.30% 0.30%

 £10,000+ 0.20% 0.20%
  £1,000+ 0.20% 0.20%


Click here to see previous variable interest rates for Business Accounts


Interest is paid gross for all organisations. You may need to declare any gross income received to HM Revenue & Customs.

^ AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.