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Interest rates

Business Directplus

 Net %Gross %AER %Interest credited
£25,000+ 0.05
0.06 0.06 Monthly
£100,000+ 0.07
0.09
0.09
£250,000+ 0.15
0.18 0.18
£500,000+ 0.20
0.25
0.25

Community Directplus

 Net %Gross %AER %Interest credited
£25,000+ 0.05 0.06 0.06 Monthly
£50,000+ 0.05 0.06 0.06
£100,000+ 0.07 0.09
0.09
£250,000+ 0.15 0.18 0.18
£500,000+ 0.20
0.25 0.25

Co-operatives Directplus

 Net %Gross %AER %Interest credited
£25,000 +
0.05
0.06 0.06
Monthly
£100,000+ 0.07 0.09 0.09
£250,000+ 0.15 0.18
0.18
£500,000+ 0.20 0.25 0.25

Social Enterprise Directplus

 Net %Gross %AER %Interest credited
£25,000 +
0.05
0.06 0.06
Monthly
£100,000+ 0.07 0.09 0.09
£250,000+ 0.15 0.18
0.18
£500,000+ 0.20 0.25 0.25

Rates correct as of 25/06/2015 - but are subject to variation unless otherwise stated.

Interest on all our current and deposit accounts is calculated daily on the full cleared balance.

£50,000+

Rates correct as of 27/7/2015 - but are subject to variation unless otherwise stated.

Interest on all our current and deposit accounts is calculated daily on the full cleared balance.

Business Select - Instant Access

 Net %Gross %AER %Interest credited
Up to £99,999 0.05
0.06 0.06 Twice Yearly
£100,000+ 0.07 0.09
0.09
£250,000+ 0.15 0.18 0.18
£500,000+ 0.20 0.25 0.25

Business Select - 14 Day Notice

 Net %Gross %AER %Interest credited
Up to £99,999 0.07
0.09
0.09 Twice Yearly
£100,000+ 0.10 0.12 0.12
£250,000+ 0.17 0.21
0.21
£500,000+ 0.22 0.28 0.28

Fixed Rate Deposit

 Net %Gross %AER %

3 months

£10,000+ 0.27
0.34
0.34

6 months

£10,000+ 0.40
0.50 0.50

12 months

£10,000+ 0.90 1.12 1.12

Once you’ve invested in a Fixed Rate Deposit Account, no withdrawals are allowed for the duration of the investment period chosen, and early account termination is subject to consent from the Bank.

You therefore need to make sure that you are considering your future business cashflow when investing for a fixed period of time.

Rates correct as at 27/7/2015 - but are subject to variation unless otherwise stated.

Interest on all our current and deposit accounts is calculated daily on the full cleared balance.

*For an explanation of terms used, please see our glossary.

The Bank reserves the right to decline any application and/or deposit