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.
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.
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.
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
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