Market-leading business account launched | Product News - Moneyfacts

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Market-leading business account launched

Market-leading business account launched

Category: Business
Date: 04/11/2015

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 It is now over 6 months old so the content may be out of date.

Hampshire Trust Bank has launched a new business notice savings account, taking a position at the top of the Moneyfacts charts for its highly competitive rate and terms.

The basics…

120 Day Business Notice Account pays a market-leading rate of 1.60% yearly, allowing it to sit at the very top of the charts.

The finer details…

This account must be opened and operated by post with a minimum deposit of £5,000.

Further additions are welcome and an unlimited number of penalty-free withdrawals can be made, provided the 100-day notice period is observed. Early access, however, is not permitted, so business owners must ensure they plan their withdrawals carefully.

Why we like it…

Business owners looking for a competitive home for their non-personal savings are likely to be intrigued by this latest launch. Paying the top rate for its sector, this deal is certainly eye-catching, and combined with the flexibility of unlimited withdrawals and additions, this could prove to be a popular account.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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