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.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.