Saffron Building Society has extended its range of business accounts with the launch of a variable rate tracker account.
Paying 2.00%, the One Year Fixed Term Tracker Corporate Bond is an attractive proposition in what is a very limited market.
As is usual with bonds, businesses will need to be certain how much they can invest from the outset, as earlier access to funds is on closure of the account only and subject to penalty.
However, that the rate is guaranteed to be 1.50% above base rate enhances the account's appeal.
Requiring a minimum investment of £5K, this deal earns four out of five Moneyfacts stars.
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