New business notice account goes top | Product News - Moneyfacts

Product News

New business notice account goes top

New business notice account goes top

Category: Savings
Date: 19/02/2016

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 It is now over 6 months old so the content may be out of date.

Cambridge & Counties Bank has unleashed a highly competitive notice account onto the market, earning it a place at the top of the charts and an 'excellent' rating as a result.

The basics…

120 Day Notice Business Savings Issue 1 pays a variable rate of 1.80% yearly (1.79% monthly), a market-leading rate for its sector.

The finer details…

This account must be opened by post with a minimum investment of £10,000 but can then be managed by post, phone and online. Access is via a nominated account.

Savers can make an unlimited number of additions and withdrawals without any penalty. However, early access is not permitted, so savers the 120-day notice period must always be observed.

Why we like it…

Business owners who are looking for a competitive yet flexible home for their non-personal savings are likely to welcome this new entrant to the sector. Paying a market-leading rate and offering a monthly interest option, this deal also boasts the desirable flexibility of unlimited withdrawals.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close