Bath BS unveils new business saving account - Business - News - Moneyfacts


Bath BS unveils new business saving account

Bath BS unveils new business saving account

Category: Business

Updated: 01/10/2010
First Published: 01/10/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Bath BS has expanded its non-personal savings portfolio with the launch of a 100 day notice account.

Paying 2.20%, Business Direct 100 is a market leader in the notice account market and should prove popular with businesses that are happy to bank via the postal system.

As the rate includes a 0.60% bonus for 12 months, a review will need to be carried out prior to the bonus expiring in order to allow notice to be given if the account is no longer competitive.

In addition, no earlier access is permitted, so investors will need to budget carefully to ensure the required notice of withdrawals is given.

Sure to be a hit with businesses, this account earns four out of five Moneyfacts stars.

Looking for the right Business account? Compare Business accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Business owners – do you have a cash buffer?

Building up a cash buffer can be a vital part of business management, particularly in uncertain times. It’s therefore little surprise to find that SMEs built up significant cash reserves in the lead up to the referendum.

Business owners – are you missing out on returns?

Running a successful company demands strong organisational skills, business acumen and a keen eye for finances, which is why it’s so surprising that many business owners could be missing out on returns because they don’t know their interest rate.

2016 Business Moneyfacts Awards winners announced

The winners of the 2016 Business Moneyfacts Awards were announced last night at the prestigious Lancaster London Hotel.