Shawbrook ups rates on business/charity accounts | Product News - Moneyfacts

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Shawbrook ups rates on business/charity accounts

Shawbrook ups rates on business/charity accounts

Category: Business
Date: 23/05/2014

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 It is now over 6 months old so the content may be out of date.

Shawbrook Bank has increased rates on its variable rate business and charity notice accounts with them moving up the Moneyfacts best buy charts.

The basics…

100 Day Notice Business Savings Issue 10 now pays 1.40% yearly, while the Charity and Trust version (Issue 7) pays the same competitive rate. Both accounts require a minimum investment of £5,000.

The finer details…

The accounts must be opened by post and can then be operated by post or telephone.

Further additions are allowed whilst the issues remain open but no early access is permitted prior to the notice period.

Why we like them…

This business account and its charity counterpart both pay competitive rates of interest and make a good home for a £5,000 investment.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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