Saffron BS has given businesses a welcome boost with this latest review of its Corporate Savings Bonds.
The changes have seen the rate increase on the lower tier of £5K to match that already paid on the £250K tier.
For the six month bond, the rate paid is now 2.25%, while the 2.50% paid on the one year account means the bond now offers a return which is amongst the best that a business looking for a short term home for any excess funds can find.
Early access to funds is available, although the account will have to be closed and a penalty paid.
However, for a top notch rate, four out of five Moneyfacts have been awarded.
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