Shawbrook Bank has reviewed rates on its fixed and variable rate business and charity accounts.
The 100 Day Notice Business Savings Issue 9, and the charity version, now pay 1.25% yearly, while the 1 Year Fixed Rate Bond pays 1.50%.
All accounts can be opened by post with a minimum investment of £5,000, and must then be operated by post or by telephone.
Both allow further additions whilst the issues remain open and the notice account permits withdrawals (subject to 100 days' notice), but the bond doesn't allow early access so careful planning will be required.
Despite the small reductions, these accounts maintain their positions within the Moneyfacts best buys with both paying competitive rates of interest.
Four Moneyfacts Stars have been awarded.
Compare business savings accounts
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