Interest rates

Business Directplus

 Gross %AER %Interest credited
£25,000+ 0.06 0.06 Monthly
£100,000+ 0.09
0.09
£250,000+ 0.18 0.18
£500,000+ 0.25
0.25

Community Directplus

 Gross %AER %Interest credited
£25,000+ 0.06 0.06 Monthly
£50,000+ 0.06 0.06
£100,000+ 0.09
0.09
£250,000+ 0.18 0.18
£500,000+ 0.25 0.25

Co-operatives Directplus

 Gross %AER %Interest credited
£25,000 +
0.06 0.06
Monthly
£100,000+ 0.09 0.09
£250,000+ 0.18
0.18
£500,000+ 0.25 0.25

Social Enterprise Directplus

 Gross %AER %Interest credited
£25,000 +
0.06 0.06
Monthly
£100,000+ 0.09 0.09
£250,000+ 0.18
0.18
£500,000+ 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

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

Business Select - 14 Day Notice

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

Fixed Rate Deposit

 Gross %AER %

3 months

£10,000+ 0.34
0.34

6 months

£10,000+ 0.50 0.50

12 months

£10,000+ 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

Personal Savings Allowance

Following the introduction of the new personal savings allowance, we will pay you gross interest on your savings. For more information about this and to find out how you may need to pay tax on the interest please visit the HMRC website.