Businesses should notice this new account | moneyfacts.co.uk

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Businesses should notice this new account

Businesses should notice this new account

Category: Business
Date: 22/09/2017

Redwood Bank has launched a brand new business savings account onto the market, with this notice deal earning a comfortable place in the Moneyfacts Best Buys and an "excellent" rating in the process.

The basics…

The 95 Day Business Savings Account pays a variable rate of 1.05% on its anniversary, among the top rates available for its term. A monthly option is also available paying a slightly reduced rate.

The finer details…

This deal, which can be managed by phone and post, is available to businesses with at least £10,000 to invest. Further additions are welcome, as are withdrawals. However, this is provided the full 95-day notice period is observed, as earlier access won't be possible.

Why we like it…

Redwood Bank has certainly made itself known in the business account sector with this highly competitive deal, offering an appealing option for those comfortable with giving notice to access their surplus funds.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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