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.
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.
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.
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
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