INTEREST RATES

RATES FOR BUSINESS ACCOUNTS

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Current rates for Business Accounts

All our savings accounts are FSCS protected.  FSCS Protected

 Business Accounts  Balance Gross Gross AER^
 2nd Issue Business Saver    
 Annual interest 
 £50,000+ 2.75% 2.75% 
 (Rates effective from 31 August 2023)
 £1,000+ 2.65% 2.65% 
    
 2nd Issue Club Saver    
 Annual interest
 £50,000+ 2.75% 2.75% 
 (Rates effective from 31 August 2023)
 £1,000+ 2.65% 2.65%


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.