Business account gets noticed | Product News - Moneyfacts

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Business account gets noticed

Business account gets noticed

Category: Business
Date: 01/02/2016

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 It is now over 6 months old so the content may be out of date.

Cambridge & Counties Bank has revamped its business portfolio and launched a brand new notice account onto the market, which has taken a prized position in the Moneyfacts charts thanks to its highly competitive terms.

The basics…

45 Day Notice Business Savings Issue 1 is a variable rate account that pays 1.30% yearly (1.29% monthly), a top-10 rate for its terms, allowing it to comfortably take a place among its leading competitors.

The finer details…

This account requires a minimum investment of £10,000 and can be managed online, by post or by phone (all transactions must be made via a nominated current account). It permits further additions at will as well as unlimited withdrawals, provided the 45-day notice period is adhered to, as earlier access won't be allowed.

Why we like it…

This new launch from Cambridge & Counties Bank easily becomes one of the top accounts in its sector. It offers business owners a highly flexible and competitive account in which to deposit their non-personal savings, and provided they're able to carefully budget for any withdrawals, it should come with widespread appeal.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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