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Santander improves its business offering

Santander improves its business offering

Category: Business

Updated: 17/11/2011
First Published: 17/11/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Santander has lit up the business market by improving its one year bond and launching a loyalty bond with a stand-out rate.

The Business Bond now offers 3.00% (+0.25%) and the minimum investment has been reduced to £25K.

In addition, Santander has launched the Loyalty Business Bond, which is operated by post and telephone and offers 3.25% until 1 January 2013.

No earlier access or additions are permitted and funds must be new to the bank.

The product is available to businesses with turnover of under £250K per annum who are existing Santander business customers or who switch their main business account (minimum monthly credit of £1K).

The account has a minimum investment of £25K.

The review by Santander has positioned its one year business bond just below the market leader in its field.

Both accounts have been awarded four out of five Moneyfacts stars.

Find the best savings rates for you - Compare savings 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 Any products featured may be withdrawn by their provider or changed at any time.

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