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Virgin Money improves easy access business deal

Virgin Money improves easy access business deal

Category: Business
Author: Lieke Braadbaart
Date: 09/04/2018

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 It is now over 6 months old so the content may be out of date.

Virgin Money has increased the rate on its easy access savings account for businesses by 0.30%, which sees it sit just behind the market-leader for no notice business accounts and earn a high Moneyfacts rating.

The basics…

Business Access Account Issue 1 now pays a variable annual rate of 0.90% on a monthly basis.

The finer details…

This account requires a minimum deposit of £1,000. It can only be opened by limited liability partnerships, partnerships, public limited companies and sole traders. There are no restrictions on additions or withdrawals, other than that they have to be arranged via a nominated account. The account must be opened by post and can then only be operated online.

Why we like it…

The near market-leading rate on this account has easily made it worthy of its high rating.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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