Competitive business saving from Teachers | Product News - Moneyfacts

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Competitive business saving from Teachers

Competitive business saving from Teachers

Category: Business
Date: 25/07/2014

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 It is now over 6 months old so the content may be out of date.

Teachers Building Society has reviewed its business accounts and replaced its popular 75 day notice accounts with 100 day alternatives, both of which pay up to 0.25% more.

The basics…

Business Saver 100 and Treasurers' 100 both pay from 1.00% to 1.25% yearly, depending on the amount invested (balances of £5,000 will pay 1.00% while £50,000 will generate 1.25%). A minimum deposit of £5,000 is required for each.

The finer details…

These postal-operated accounts allow further additions at any time as well as withdrawal subject to 100 days' notice being given. Early access is also permitted subject to 100 days' loss of interest.

Why we like them…

These competitive rates mean both accounts sit comfortably within the top 10 of the business notice account sector, while the option to access funds early, should the need arise, adds to the appeal.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best business savings accounts in our best buy charts

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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