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Account from Saffron BS is the business

Account from Saffron BS is the business

Category: Business

Updated: 06/08/2010
First Published: 06/08/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Saffron BS has added to its business portfolio with a couple of short term accounts.

Its 6 Month Corporate Savings Bond pays 2.00% on £5K or more, while a new tier of £250K or more pays 2.25%.

Already one of the leading six month accounts, the changes mean clients with substantial funds will benefit from a higher rate.

The 1 Year Corporate Savings Bond is a one year fixed term account that pays 2.25% on £5K or more, and 2.50% on £250K or more.

While not a market leader, the one year option is still a competitive account.

As usual with fixed bonds, businesses will need to be certain of how much they can invest, as early access is only allowed if the account is closed – an action that incurs a penalty.

Four out of five Moneyfacts stars have been awarded.

For other great business accounts click here - Compare Business Accounts

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 Any products featured may be withdrawn by their provider or changed at any time.